iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Short Interest Up 106.6% in June

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) was the target of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 65,716 shares, an increase of 106.6% from the June 15th total of 31,805 shares. Based on an average daily volume of 154,546 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.3% of the shares of the stock are short sold.

iShares iBonds Dec 2032 Term Treasury ETF Stock Performance

Shares of NASDAQ:IBTM traded up $0.06 during trading on Wednesday, reaching $22.57. The stock had a trading volume of 88,270 shares, compared to its average volume of 133,349. iShares iBonds Dec 2032 Term Treasury ETF has a 1-year low of $22.43 and a 1-year high of $23.46. The business has a fifty day moving average price of $22.63 and a 200-day moving average price of $22.89.

iShares iBonds Dec 2032 Term Treasury ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.0733 per share. The ex-dividend date was Wednesday, July 1st.

Hedge Funds Weigh In On iShares iBonds Dec 2032 Term Treasury ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Integrated Wealth Concepts LLC increased its stake in shares of iShares iBonds Dec 2032 Term Treasury ETF by 3.6% during the third quarter. Integrated Wealth Concepts LLC now owns 22,407 shares of the company’s stock worth $518,000 after acquiring an additional 780 shares during the period. Crews Bank & Trust acquired a new stake in iShares iBonds Dec 2032 Term Treasury ETF in the fourth quarter valued at about $25,000. Bogart Wealth LLC acquired a new stake in iShares iBonds Dec 2032 Term Treasury ETF in the fourth quarter valued at about $41,000. Ameriprise Financial Inc. boosted its holdings in iShares iBonds Dec 2032 Term Treasury ETF by 1.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 219,888 shares of the company’s stock valued at $5,064,000 after purchasing an additional 2,262 shares in the last quarter. Finally, Boston Family Office LLC boosted its holdings in iShares iBonds Dec 2032 Term Treasury ETF by 4.2% in the 4th quarter. Boston Family Office LLC now owns 72,218 shares of the company’s stock valued at $1,666,000 after purchasing an additional 2,893 shares in the last quarter.

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.