iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Short Interest Update

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 178,574 shares, a growth of 309.3% from the August 15th total of 43,633 shares. Currently, 0.9% of the shares of the stock are short sold. Based on an average trading volume of 77,316 shares, the days-to-cover ratio is presently 2.3 days.

Institutional Trading of iShares iBonds Dec 2033 Term Treasury ETF

Several institutional investors have recently added to or reduced their stakes in IBTO. Ameriprise Financial Inc. purchased a new position in iShares iBonds Dec 2033 Term Treasury ETF in the 3rd quarter worth approximately $2,554,000. Janney Montgomery Scott LLC bought a new stake in iShares iBonds Dec 2033 Term Treasury ETF in the first quarter valued at approximately $1,595,000. Thoroughbred Financial Services LLC boosted its stake 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 purchasing an additional 38,042 shares during the period. Finally, United Capital Financial Advisors LLC boosted its stake in shares of iShares iBonds Dec 2033 Term Treasury ETF by 43.5% during the third quarter. United Capital Financial Advisors LLC now owns 63,181 shares of the company’s stock valued at $1,557,000 after purchasing an additional 19,157 shares during the period.

iShares iBonds Dec 2033 Term Treasury ETF Stock Performance

Shares of IBTO opened at $23.33 on Friday. iShares iBonds Dec 2033 Term Treasury ETF has a fifty-two week low of $23.32 and a fifty-two week high of $25.00. The firm has a 50 day moving average price of $23.79 and a 200-day moving average price of $24.10.

iShares iBonds Dec 2033 Term Treasury ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were given a $0.0838 dividend. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Tuesday, September 1st.

About iShares iBonds Dec 2033 Term Treasury ETF

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.