Short Interest in iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Expands By 116.6%

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) saw a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 36,600 shares, an increase of 116.6% from the March 31st total of 16,900 shares. Based on an average daily volume of 139,200 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of iShares iBonds Dec 2028 Term Treasury ETF

Several large investors have recently made changes to their positions in IBTI. InterOcean Capital Group LLC purchased a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF during the fourth quarter worth $10,030,000. Confluence Investment Management LLC purchased a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF during the first quarter worth $9,840,000. Scissortail Wealth Management LLC purchased a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF during the fourth quarter worth $6,357,000. Transcend Capital Advisors LLC purchased a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF during the fourth quarter worth $3,104,000. Finally, Janney Montgomery Scott LLC purchased a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF during the third quarter worth $760,000.

iShares iBonds Dec 2028 Term Treasury ETF Stock Up 0.1 %

Shares of IBTI stock traded up $0.02 during trading hours on Friday, hitting $21.55. The company’s stock had a trading volume of 98,404 shares, compared to its average volume of 143,663. The company has a 50 day moving average of $21.80 and a 200 day moving average of $21.84. iShares iBonds Dec 2028 Term Treasury ETF has a 12-month low of $21.21 and a 12-month high of $22.85.

iShares iBonds Dec 2028 Term Treasury ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were issued a $0.0734 dividend. This represents a $0.88 annualized dividend and a dividend yield of 4.09%. The ex-dividend date of this dividend was Monday, April 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.