iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Stock Short Interest Declines 45.3%

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totaling 65,408 shares, a decline of 45.3% from the August 31st total of 119,646 shares. Based on an average daily trading volume, of 193,053 shares, the short-interest ratio is currently 0.3 days. Approximately 0.3% of the shares of the company are sold short.

iShares iBonds Dec 2032 Term Treasury ETF Price Performance

NASDAQ IBTM traded down $0.01 on Wednesday, reaching $21.74. 350,823 shares of the stock were exchanged, compared to its average volume of 142,002. iShares iBonds Dec 2032 Term Treasury ETF has a one year low of $21.71 and a one year high of $23.46. The company’s 50-day simple moving average is $22.26 and its two-hundred day simple moving average is $22.56.

iShares iBonds Dec 2032 Term Treasury ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were paid a dividend of $0.0759 per share. This is a positive change from iShares iBonds Dec 2032 Term Treasury ETF’s previous monthly dividend of $0.0754. The ex-dividend date was Tuesday, September 1st. This represents a $0.91 dividend on an annualized basis and a dividend yield of 4.2%.

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

Institutional investors have recently bought and sold shares of the business. Atlantic Private Wealth LLC raised its holdings in iShares iBonds Dec 2032 Term Treasury ETF by 25.3% during the second quarter. Atlantic Private Wealth LLC now owns 293,989 shares of the company’s stock valued at $6,672,000 after acquiring an additional 59,363 shares during the period. Parallel Advisors LLC boosted its stake 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 worth $3,735,000 after acquiring an additional 96,836 shares during the period. McIlrath & Eck LLC purchased a new stake in shares of iShares iBonds Dec 2032 Term Treasury ETF during the first quarter worth about $73,000. Janney Montgomery Scott LLC raised its stake 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 valued at $12,644,000 after purchasing an additional 65,447 shares during the period. Finally, Boston Family Office LLC raised its stake in iShares iBonds Dec 2032 Term Treasury ETF by 4.2% during the 4th quarter. Boston Family Office LLC now owns 72,218 shares of the company’s stock valued at $1,666,000 after purchasing an additional 2,893 shares during the period.

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.