iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Stock Short Interest Declines 67.1%

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) was the recipient of a significant decrease in short interest in the month of October. As of October 30th, there was short interest totaling 44,429 shares, a decrease of 67.1% from the October 15th total of 135,107 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 161,405 shares, the short-interest ratio is presently 0.3 days.

iShares iBonds Dec 2033 Term Treasury ETF Stock Performance

NASDAQ IBTO traded down $0.01 on Friday, reaching $23.14. 53,436 shares of the stock traded hands, compared to its average volume of 123,391. iShares iBonds Dec 2033 Term Treasury ETF has a 12 month low of $22.83 and a 12 month high of $25.00. The firm’s fifty day simple moving average is $23.24 and its 200 day simple moving average is $23.95.

iShares iBonds Dec 2033 Term Treasury ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were issued a $0.0853 dividend. This represents a $1.02 annualized dividend and a dividend yield of 4.4%. This is a positive change from iShares iBonds Dec 2033 Term Treasury ETF’s previous monthly dividend of $0.0790. The ex-dividend date was Monday, November 2nd.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Confluence Investment Management LLC acquired a new position in iShares iBonds Dec 2033 Term Treasury ETF during the third quarter worth about $16,226,000. Thoroughbred Financial Services LLC bought a new stake in iShares iBonds Dec 2033 Term Treasury ETF in the third quarter worth about $1,969,000. Harbour Investments Inc. bought a new stake in iShares iBonds Dec 2033 Term Treasury ETF in the third quarter worth about $139,000. Finally, Bessemer Group Inc. acquired a new stake in iShares iBonds Dec 2033 Term Treasury ETF in the 3rd quarter valued at about $49,000.

About iShares iBonds Dec 2033 Term Treasury ETF

The iShares iBonds Dec 2033 Term Treasury ETF (IBTO) is an exchange-traded fund that is based on the ICE 2033 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2033. The fund will terminate in December 2033. IBTO was launched on Jun 27, 2023 and is managed by BlackRock.