iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE) Short Interest Update

iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE) saw a significant increase in short interest in October. As of October 31st, there was short interest totalling 23,800 shares, an increase of 209.1% from the October 15th total of 7,700 shares. Based on an average trading volume of 917,800 shares, the short-interest ratio is currently 0.0 days.

iShares iBonds Dec 2024 Term Treasury ETF Trading Up 0.0 %

NASDAQ IBTE traded up $0.01 on Thursday, hitting $23.93. 593,597 shares of the stock were exchanged, compared to its average volume of 706,531. The company has a 50-day moving average price of $23.94 and a 200-day moving average price of $23.94. iShares iBonds Dec 2024 Term Treasury ETF has a fifty-two week low of $23.79 and a fifty-two week high of $24.01.

iShares iBonds Dec 2024 Term Treasury ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a dividend of $0.1004 per share. The ex-dividend date of this dividend was Friday, November 1st.

Institutional Investors Weigh In On iShares iBonds Dec 2024 Term Treasury ETF

A number of hedge funds have recently added to or reduced their stakes in IBTE. Kennebec Savings Bank acquired a new position in shares of iShares iBonds Dec 2024 Term Treasury ETF in the 3rd quarter valued at $41,000. Eastern Bank bought a new stake in iShares iBonds Dec 2024 Term Treasury ETF in the 3rd quarter valued at about $108,000. JDM Financial Group LLC lifted its stake in iShares iBonds Dec 2024 Term Treasury ETF by 12.4% in the first quarter. JDM Financial Group LLC now owns 19,093 shares of the company’s stock valued at $457,000 after acquiring an additional 2,104 shares during the last quarter. Arkadios Wealth Advisors bought a new stake in shares of iShares iBonds Dec 2024 Term Treasury ETF in the 2nd quarter worth about $716,000. Finally, Montecito Bank & Trust grew its stake in shares of iShares iBonds Dec 2024 Term Treasury ETF by 1.0% during the 2nd quarter. Montecito Bank & Trust now owns 46,649 shares of the company’s stock worth $1,119,000 after acquiring an additional 460 shares in the last quarter.

iShares iBonds Dec 2024 Term Treasury ETF Company Profile

The iShares iBonds Dec 2024 Term Treasury ETF (IBTE) is an exchange-traded fund that is based on the ICE 2024 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2024. The fund will terminate in December 2024. IBTE was launched on Feb 25, 2020 and is managed by BlackRock.