Short Interest in iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Decreases By 39.7%

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) was the recipient of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 13,800 shares, a decline of 39.7% from the February 28th total of 22,900 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 82,100 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of iShares iBonds Dec 2033 Term Treasury ETF

Hedge funds have recently bought and sold shares of the stock. Noble Wealth Management PBC bought a new stake in iShares iBonds Dec 2033 Term Treasury ETF during the fourth quarter worth about $47,000. Atlantic Private Wealth LLC bought a new position in shares of iShares iBonds Dec 2033 Term Treasury ETF in the fourth quarter valued at $523,000. Captrust Financial Advisors bought a new position in shares of iShares iBonds Dec 2033 Term Treasury ETF in the 4th quarter valued at about $584,000. Exchange Capital Management Inc. bought a new stake in shares of iShares iBonds Dec 2033 Term Treasury ETF in the 4th quarter valued at about $1,161,000. Finally, GLOBALT Investments LLC GA acquired a new stake in iShares iBonds Dec 2033 Term Treasury ETF in the 4th quarter valued at about $58,387,000.

iShares iBonds Dec 2033 Term Treasury ETF Price Performance

IBTO traded up $0.01 during midday trading on Monday, reaching $24.32. 33,657 shares of the company were exchanged, compared to its average volume of 67,208. The stock’s 50-day simple moving average is $24.00 and its 200 day simple moving average is $24.14. iShares iBonds Dec 2033 Term Treasury ETF has a one year low of $23.29 and a one year high of $25.40.

iShares iBonds Dec 2033 Term Treasury ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.0777 per share. The ex-dividend date of this dividend was Monday, March 3rd.

iShares iBonds Dec 2033 Term Treasury ETF Company Profile

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.