iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Sees Significant Drop in Short Interest

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) was the recipient of a significant drop in short interest in July. As of July 31st, there was short interest totaling 65,420 shares, a drop of 55.0% from the July 15th total of 145,312 shares. Based on an average daily trading volume, of 104,121 shares, the short-interest ratio is presently 0.6 days. Currently, 0.3% of the company’s stock are sold short.

Institutional Investors Weigh In On iShares iBonds Dec 2032 Term Treasury ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Janney Montgomery Scott LLC boosted its holdings in iShares iBonds Dec 2032 Term Treasury ETF by 13.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 551,409 shares of the company’s stock worth $12,644,000 after acquiring an additional 65,447 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of iShares iBonds Dec 2032 Term Treasury ETF by 64.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 361,010 shares of the company’s stock worth $8,332,000 after buying an additional 141,122 shares in the last quarter. NewEdge Advisors LLC boosted its stake in shares of iShares iBonds Dec 2032 Term Treasury ETF by 5.2% in the 2nd quarter. NewEdge Advisors LLC now owns 360,156 shares of the company’s stock worth $8,294,000 after buying an additional 17,906 shares during the last quarter. Atlantic Private Wealth LLC boosted its stake in shares of iShares iBonds Dec 2032 Term Treasury ETF by 6.2% in the 1st quarter. Atlantic Private Wealth LLC now owns 234,626 shares of the company’s stock worth $5,380,000 after buying an additional 13,686 shares during the last quarter. Finally, Parallel Advisors LLC grew its holdings in shares of iShares iBonds Dec 2032 Term Treasury ETF by 146.6% in the first quarter. Parallel Advisors LLC now owns 162,870 shares of the company’s stock valued at $3,735,000 after acquiring an additional 96,836 shares in the last quarter.

iShares iBonds Dec 2032 Term Treasury ETF Trading Down 0.2%

Shares of NASDAQ:IBTM traded down $0.05 during midday trading on Friday, hitting $22.46. 86,664 shares of the company’s stock were exchanged, compared to its average volume of 131,059. iShares iBonds Dec 2032 Term Treasury ETF has a 12 month low of $22.36 and a 12 month high of $23.46. The stock has a 50 day moving average price of $22.55 and a 200-day moving average price of $22.79.

iShares iBonds Dec 2032 Term Treasury ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were given a dividend of $0.0754 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 4.0%.

About iShares iBonds Dec 2032 Term Treasury ETF

The iShares iBonds Dec 2032 Term Treasury ETF (IBTM) is an exchange-traded fund that is based on the ICE 2032 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2032. The fund will terminate in December 2032. IBTM was launched on Jul 6, 2022 and is managed by BlackRock.