iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Sees Significant Growth in Short Interest

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 443,410 shares, an increase of 67.8% from the July 30th total of 264,287 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 527,662 shares, the short-interest ratio is currently 0.8 days.

Institutional Trading of iShares iBonds Dec 2028 Term Treasury ETF

Several institutional investors and hedge funds have recently made changes to their positions in IBTI. United Capital Financial Advisors LLC increased its position in iShares iBonds Dec 2028 Term Treasury ETF by 63.9% during the 3rd quarter. United Capital Financial Advisors LLC now owns 797,841 shares of the company’s stock valued at $17,860,000 after purchasing an additional 310,968 shares during the period. Oak Family Advisors LLC purchased a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF in the 1st quarter worth approximately $6,107,000. Ameriprise Financial Inc. lifted its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 70.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 371,121 shares of the company’s stock worth $8,290,000 after purchasing an additional 153,700 shares during the period. Integrated Wealth Concepts LLC lifted its holdings in iShares iBonds Dec 2028 Term Treasury ETF by 34.4% during the fourth quarter. Integrated Wealth Concepts LLC now owns 588,449 shares of the company’s stock worth $13,161,000 after buying an additional 150,727 shares during the period. Finally, Collaborative Fund Advisors LLC bought a new stake in iShares iBonds Dec 2028 Term Treasury ETF during the 1st quarter valued at $3,209,000.

iShares iBonds Dec 2028 Term Treasury ETF Stock Down 0.4%

Shares of NASDAQ:IBTI opened at $22.00 on Wednesday. The firm’s 50 day simple moving average is $22.09 and its 200-day simple moving average is $22.18. iShares iBonds Dec 2028 Term Treasury ETF has a one year low of $21.99 and a one year high of $22.49.

iShares iBonds Dec 2028 Term Treasury ETF Dividend Announcement

The company also recently declared a dividend, which will be paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.0701 per share. The ex-dividend date of this dividend is Tuesday, September 1st.

About iShares iBonds Dec 2028 Term Treasury ETF

The iShares iBonds Dec 2028 Term Treasury ETF (IBTI) is an exchange-traded fund that is based on the ICE 2028 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2028. The fund will terminate in December 2028. IBTI was launched on Feb 25, 2020 and is managed by BlackRock.