iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) Stock Short Interest Declines 60.9%

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 118,907 shares, a decrease of 60.9% from the August 31st total of 303,807 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average trading volume of 393,637 shares, the days-to-cover ratio is currently 0.3 days.

iShares iBonds Dec 2031 Term Treasury ETF Trading Up 0.1%

NASDAQ IBTL traded up $0.01 during trading on Tuesday, reaching $19.48. 535,594 shares of the company’s stock were exchanged, compared to its average volume of 219,703. The company’s fifty day simple moving average is $19.87 and its 200-day simple moving average is $20.10. iShares iBonds Dec 2031 Term Treasury ETF has a fifty-two week low of $19.42 and a fifty-two week high of $20.81.

iShares iBonds Dec 2031 Term Treasury ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were paid a $0.0661 dividend. This represents a $0.79 annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Tuesday, September 1st. This is a boost from iShares iBonds Dec 2031 Term Treasury ETF’s previous monthly dividend of $0.0660.

Institutional Trading of iShares iBonds Dec 2031 Term Treasury ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. McIlrath & Eck LLC acquired a new stake in shares of iShares iBonds Dec 2031 Term Treasury ETF in the first quarter valued at approximately $52,000. Montecito Bank & Trust boosted its holdings in iShares iBonds Dec 2031 Term Treasury ETF by 14.0% during the first quarter. Montecito Bank & Trust now owns 29,601 shares of the company’s stock worth $604,000 after purchasing an additional 3,631 shares during the last quarter. Boston Family Office LLC boosted its holdings in iShares iBonds Dec 2031 Term Treasury ETF by 10.8% during the fourth quarter. Boston Family Office LLC now owns 105,256 shares of the company’s stock worth $2,160,000 after purchasing an additional 10,227 shares during the last quarter. Parallel Advisors LLC grew its position in iShares iBonds Dec 2031 Term Treasury ETF by 15.7% in the fourth quarter. Parallel Advisors LLC now owns 170,382 shares of the company’s stock valued at $3,497,000 after purchasing an additional 23,145 shares in the last quarter. Finally, NewEdge Advisors LLC grew its position in iShares iBonds Dec 2031 Term Treasury ETF by 5.0% in the first quarter. NewEdge Advisors LLC now owns 638,564 shares of the company’s stock valued at $13,026,000 after purchasing an additional 30,220 shares in the last quarter.

iShares iBonds Dec 2031 Term Treasury ETF Company Profile

The iShares iBonds Dec 2031 Term Treasury ETF (IBTL) is an exchange-traded fund that is based on the ICE 2031 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2031. The fund will terminate in December 2031. IBTL was launched on Jul 13, 2021 and is managed by BlackRock.