Short Interest in iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Increases By 66.1%

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totalling 203,100 shares, an increase of 66.1% from the April 30th total of 122,300 shares. Based on an average daily trading volume, of 413,900 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.3% of the company’s shares are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Lowe Wealth Advisors LLC purchased a new stake in shares of iShares iBonds Dec 2027 Term Treasury ETF during the first quarter valued at approximately $29,000. Harbor Investment Advisory LLC purchased a new stake in shares of iShares iBonds Dec 2027 Term Treasury ETF during the first quarter valued at approximately $40,000. Bank of Jackson Hole Trust purchased a new stake in shares of iShares iBonds Dec 2027 Term Treasury ETF during the fourth quarter valued at approximately $42,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of iShares iBonds Dec 2027 Term Treasury ETF during the fourth quarter valued at approximately $47,000. Finally, OLD Point Trust & Financial Services N A raised its stake in shares of iShares iBonds Dec 2027 Term Treasury ETF by 145.0% during the fourth quarter. OLD Point Trust & Financial Services N A now owns 7,300 shares of the company’s stock valued at $162,000 after purchasing an additional 4,320 shares during the period.

iShares iBonds Dec 2027 Term Treasury ETF Price Performance

Shares of IBTH traded down $0.11 during mid-day trading on Monday, hitting $22.34. The company had a trading volume of 210,583 shares, compared to its average volume of 405,187. The business’s 50-day simple moving average is $22.41 and its 200-day simple moving average is $22.30. iShares iBonds Dec 2027 Term Treasury ETF has a 1-year low of $21.92 and a 1-year high of $22.69.

iShares iBonds Dec 2027 Term Treasury ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, May 6th. Shareholders of record on Thursday, May 1st were given a dividend of $0.0746 per share. The ex-dividend date was Thursday, May 1st. This represents a $0.90 dividend on an annualized basis and a yield of 4.01%.

iShares iBonds Dec 2027 Term Treasury ETF Company Profile

The iShares iBonds Dec 2027 Term Treasury ETF (IBTH) is an exchange-traded fund that is based on the ICE 2027 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2027. The fund will terminate in December 2027. IBTH was launched on Feb 25, 2020 and is managed by BlackRock.