iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Sees Significant Decline in Short Interest

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) was the recipient of a large drop in short interest in February. As of February 15th, there was short interest totalling 18,300 shares, a drop of 70.7% from the January 31st total of 62,500 shares. Based on an average trading volume of 99,200 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of iShares iBonds Dec 2032 Term Treasury ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Noble Wealth Management PBC purchased a new stake in shares of iShares iBonds Dec 2032 Term Treasury ETF in the fourth quarter valued at about $33,000. AllSquare Wealth Management LLC boosted its holdings in shares of iShares iBonds Dec 2032 Term Treasury ETF by 759.8% in the fourth quarter. AllSquare Wealth Management LLC now owns 10,920 shares of the company’s stock valued at $242,000 after acquiring an additional 9,650 shares in the last quarter. Cary Street Partners Financial LLC purchased a new stake in shares of iShares iBonds Dec 2032 Term Treasury ETF in the fourth quarter valued at about $305,000. Integrated Wealth Concepts LLC boosted its holdings in iShares iBonds Dec 2032 Term Treasury ETF by 25.1% during the fourth quarter. Integrated Wealth Concepts LLC now owns 21,516 shares of the company’s stock worth $478,000 after buying an additional 4,317 shares in the last quarter. Finally, Flow Traders U.S. LLC boosted its holdings in iShares iBonds Dec 2032 Term Treasury ETF by 56.3% during the third quarter. Flow Traders U.S. LLC now owns 64,526 shares of the company’s stock worth $1,515,000 after buying an additional 23,255 shares in the last quarter.

iShares iBonds Dec 2032 Term Treasury ETF Price Performance

NASDAQ:IBTM traded up $0.14 during midday trading on Friday, hitting $22.85. 69,985 shares of the company were exchanged, compared to its average volume of 123,638. The company has a fifty day simple moving average of $22.28 and a 200 day simple moving average of $22.73. iShares iBonds Dec 2032 Term Treasury ETF has a fifty-two week low of $21.84 and a fifty-two week high of $23.75.

iShares iBonds Dec 2032 Term Treasury ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a $0.073 dividend. The ex-dividend date was Monday, February 3rd. This is a positive change from iShares iBonds Dec 2032 Term Treasury ETF’s previous dividend of $0.07.

iShares iBonds Dec 2032 Term Treasury ETF Company Profile

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.