Short Interest in iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Increases By 516.9%

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) was the recipient of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 36,400 shares, an increase of 516.9% from the October 15th total of 5,900 shares. Based on an average daily trading volume, of 70,000 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of iShares iBonds Dec 2033 Term Treasury ETF

A hedge fund recently raised its stake in iShares iBonds Dec 2033 Term Treasury ETF stock. Atlantic Union Bankshares Corp increased its position in shares of iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) by 28.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,112,658 shares of the company’s stock after buying an additional 245,586 shares during the period. iShares iBonds Dec 2033 Term Treasury ETF comprises approximately 1.7% of Atlantic Union Bankshares Corp’s holdings, making the stock its 9th biggest holding. Atlantic Union Bankshares Corp owned about 13.17% of iShares iBonds Dec 2033 Term Treasury ETF worth $26,701,000 at the end of the most recent quarter.

iShares iBonds Dec 2033 Term Treasury ETF Stock Down 0.1 %

IBTO stock traded down $0.01 during trading hours on Thursday, hitting $23.85. 41,456 shares of the stock were exchanged, compared to its average volume of 61,575. The company has a 50-day simple moving average of $24.65 and a two-hundred day simple moving average of $24.39. iShares iBonds Dec 2033 Term Treasury ETF has a 12 month low of $23.35 and a 12 month high of $25.40.

iShares iBonds Dec 2033 Term Treasury ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a $0.0837 dividend. This represents a $1.00 annualized dividend and a dividend yield of 4.21%. The ex-dividend date was Friday, November 1st.

About iShares iBonds Dec 2033 Term Treasury ETF

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.