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

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 13,400 shares, an increase of 235.0% from the December 15th total of 4,000 shares. Based on an average daily trading volume, of 56,900 shares, the short-interest ratio is presently 0.2 days.

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

A hedge fund recently raised its stake in iShares iBonds Dec 2032 Term Treasury ETF stock. Flow Traders U.S. LLC increased its stake in iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) by 56.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 64,526 shares of the company’s stock after acquiring an additional 23,255 shares during the period. Flow Traders U.S. LLC owned about 0.58% of iShares iBonds Dec 2032 Term Treasury ETF worth $1,515,000 as of its most recent SEC filing.

iShares iBonds Dec 2032 Term Treasury ETF Stock Performance

NASDAQ:IBTM traded up $0.19 during mid-day trading on Wednesday, reaching $22.13. The stock had a trading volume of 143,596 shares, compared to its average volume of 86,511. The firm has a 50 day moving average price of $22.39 and a two-hundred day moving average price of $22.83. iShares iBonds Dec 2032 Term Treasury ETF has a one year low of $21.84 and a one year high of $23.75.

iShares iBonds Dec 2032 Term Treasury ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a dividend of $0.0766 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $0.92 annualized dividend and a dividend yield of 4.15%. This is a positive change from iShares iBonds Dec 2032 Term Treasury ETF’s previous monthly dividend of $0.07.

About iShares iBonds Dec 2032 Term Treasury ETF

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.