Short Interest in iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Declines By 37.0%

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) was the recipient of a significant decline in short interest in March. As of March 15th, there was short interest totalling 85,400 shares, a decline of 37.0% from the February 28th total of 135,500 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 266,600 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of iShares iBonds Dec 2028 Term Treasury ETF

A number of hedge funds have recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC raised its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 57.1% in the 4th quarter. Integrated Wealth Concepts LLC now owns 114,901 shares of the company’s stock worth $2,517,000 after acquiring an additional 41,756 shares in the last quarter. Baird Financial Group Inc. boosted its stake in iShares iBonds Dec 2028 Term Treasury ETF by 157.2% in the 4th quarter. Baird Financial Group Inc. now owns 62,908 shares of the company’s stock worth $1,378,000 after purchasing an additional 38,448 shares in the last quarter. Cary Street Partners Financial LLC purchased a new position in shares of iShares iBonds Dec 2028 Term Treasury ETF in the fourth quarter worth $829,000. Captrust Financial Advisors increased its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 168.3% in the 4th quarter. Captrust Financial Advisors now owns 51,163 shares of the company’s stock valued at $1,121,000 after acquiring an additional 32,097 shares during the period. Finally, United Capital Financial Advisors LLC increased its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 91.6% in the fourth quarter. United Capital Financial Advisors LLC now owns 65,373 shares of the company’s stock valued at $1,432,000 after purchasing an additional 31,254 shares during the period.

iShares iBonds Dec 2028 Term Treasury ETF Stock Up 0.3 %

Shares of NASDAQ IBTI traded up $0.07 during trading hours on Friday, reaching $22.24. The stock had a trading volume of 146,323 shares, compared to its average volume of 204,102. The business’s fifty day moving average price is $22.04 and its two-hundred day moving average price is $22.07. iShares iBonds Dec 2028 Term Treasury ETF has a 52-week low of $21.47 and a 52-week high of $22.61.

iShares iBonds Dec 2028 Term Treasury ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.0667 per share. The ex-dividend date of this dividend was Monday, March 3rd.

iShares iBonds Dec 2028 Term Treasury ETF Company Profile

The iShares iBonds Dec 2028 Term Treasury ETF (IBTI) is an exchange-traded fund that is based on the ICE 2028 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2028. The fund will terminate in December 2028. IBTI was launched on Feb 25, 2020 and is managed by BlackRock.