iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Sees Significant Drop in Short Interest

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totaling 47,213 shares, a drop of 42.0% from the April 15th total of 81,391 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 67,728 shares, the short-interest ratio is presently 0.7 days.

Hedge Funds Weigh In On iShares iBonds Dec 2033 Term Treasury ETF

Institutional investors have recently bought and sold shares of the company. Atlantic Union Bankshares Corp raised its stake in iShares iBonds Dec 2033 Term Treasury ETF by 24.4% during the fourth quarter. Atlantic Union Bankshares Corp now owns 1,322,916 shares of the company’s stock worth $32,484,000 after purchasing an additional 259,627 shares during the period. Ameriprise Financial Inc. acquired a new stake in shares of iShares iBonds Dec 2033 Term Treasury ETF during the third quarter valued at about $2,554,000. CNB Bank acquired a new stake in shares of iShares iBonds Dec 2033 Term Treasury ETF during the third quarter valued at about $147,000. Thoroughbred Financial Services LLC increased its position in shares of iShares iBonds Dec 2033 Term Treasury ETF by 117.8% during the fourth quarter. Thoroughbred Financial Services LLC now owns 70,348 shares of the company’s stock valued at $1,727,000 after acquiring an additional 38,042 shares during the last quarter. Finally, Janney Montgomery Scott LLC acquired a new stake in shares of iShares iBonds Dec 2033 Term Treasury ETF during the first quarter valued at about $1,595,000.

iShares iBonds Dec 2033 Term Treasury ETF Stock Performance

Shares of NASDAQ:IBTO remained flat at $23.92 during midday trading on Monday. 81,869 shares of the stock traded hands, compared to its average volume of 94,367. The business’s 50-day moving average is $24.34 and its 200 day moving average is $24.54. iShares iBonds Dec 2033 Term Treasury ETF has a 12-month low of $23.83 and a 12-month high of $25.00.

iShares iBonds Dec 2033 Term Treasury ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were paid a dividend of $0.0817 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.