iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Short Interest Update

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) saw a significant decline in short interest in September. As of September 15th, there was short interest totaling 100,852 shares, a decline of 65.1% from the August 31st total of 288,805 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 504,298 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On iShares iBonds Dec 2028 Term Treasury ETF

Several hedge funds and other institutional investors have recently made changes to their positions in IBTI. Midwest Professional Planners LTD. raised its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 45.1% during the first quarter. Midwest Professional Planners LTD. now owns 118,833 shares of the company’s stock worth $2,648,000 after purchasing an additional 36,944 shares during the period. Collaborative Fund Advisors LLC acquired a new position in iShares iBonds Dec 2028 Term Treasury ETF in the 1st quarter worth approximately $3,209,000. Gould Asset Management LLC CA purchased a new position in iShares iBonds Dec 2028 Term Treasury ETF during the 4th quarter worth approximately $2,102,000. Janney Montgomery Scott LLC raised its stake in iShares iBonds Dec 2028 Term Treasury ETF by 19.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 287,213 shares of the company’s stock valued at $6,400,000 after purchasing an additional 46,768 shares during the period. Finally, Portland Global Advisors LLC purchased a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF in the fourth quarter valued at $3,154,000.

iShares iBonds Dec 2028 Term Treasury ETF Stock Down 0.1%

NASDAQ IBTI traded down $0.03 during trading on Monday, hitting $21.89. The company had a trading volume of 524,136 shares, compared to its average volume of 424,847. iShares iBonds Dec 2028 Term Treasury ETF has a one year low of $21.86 and a one year high of $22.49. The company’s fifty day moving average is $22.04 and its 200-day moving average is $22.13.

iShares iBonds Dec 2028 Term Treasury ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a $0.0701 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $0.84 dividend on an annualized basis and a yield of 3.8%.

iShares iBonds Dec 2028 Term Treasury ETF Company Profile

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.