iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Stock Short Interest Declines 72.6%

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 48,857 shares, a decrease of 72.6% from the August 31st total of 178,574 shares. Based on an average daily volume of 347,612 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.2% of the shares of the company are short sold.

Institutional Investors Weigh In On iShares iBonds Dec 2033 Term Treasury ETF

An institutional investor recently bought a new stake in iShares iBonds Dec 2033 Term Treasury ETF stock. Janney Montgomery Scott LLC acquired a new stake in shares of iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 65,380 shares of the company’s stock, valued at approximately $1,595,000. Janney Montgomery Scott LLC owned 0.35% of iShares iBonds Dec 2033 Term Treasury ETF at the end of the most recent reporting period.

iShares iBonds Dec 2033 Term Treasury ETF Trading Down 0.4%

iShares iBonds Dec 2033 Term Treasury ETF stock traded down $0.10 during mid-day trading on Monday, reaching $23.02. The company had a trading volume of 868,052 shares, compared to its average volume of 112,146. iShares iBonds Dec 2033 Term Treasury ETF has a 1 year low of $22.96 and a 1 year high of $25.00. The stock’s 50-day simple moving average is $23.65 and its 200-day simple moving average is $23.99.

iShares iBonds Dec 2033 Term Treasury ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were issued a $0.0838 dividend. This represents a $1.01 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend was Tuesday, September 1st. This is a drop from iShares iBonds Dec 2033 Term Treasury ETF’s previous monthly dividend of $0.0840.

iShares iBonds Dec 2033 Term Treasury ETF Company Profile

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.