Short Interest in iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Rises By 235.0%

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totalling 13,400 shares, an increase of 235.0% from the December 31st total of 4,000 shares. Based on an average daily volume of 56,900 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares iBonds Dec 2032 Term Treasury ETF stock. Confluence Investment Management LLC grew its position in shares of iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) by 1.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 426,060 shares of the company’s stock after buying an additional 7,465 shares during the quarter. Confluence Investment Management LLC owned approximately 3.86% of iShares iBonds Dec 2032 Term Treasury ETF worth $9,459,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

iShares iBonds Dec 2032 Term Treasury ETF Price Performance

NASDAQ:IBTM traded down $0.02 during mid-day trading on Wednesday, reaching $22.33. 26,017 shares of the stock were exchanged, compared to its average volume of 104,566. iShares iBonds Dec 2032 Term Treasury ETF has a 1-year low of $21.84 and a 1-year high of $23.75. The business has a fifty day moving average price of $22.35 and a 200 day moving average price of $22.81.

iShares iBonds Dec 2032 Term Treasury ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a dividend of $0.0766 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This is a positive change from iShares iBonds Dec 2032 Term Treasury ETF’s previous monthly dividend of $0.07. This represents a $0.92 annualized dividend and a yield of 4.12%.

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.