Short Interest in iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Drops By 37.8%

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) was the recipient of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 236,302 shares, a decrease of 37.8% from the May 31st total of 379,827 shares. Based on an average daily volume of 519,403 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Trading of iShares iBonds Dec 2027 Term Treasury ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. NewEdge Advisors LLC boosted its position in shares of iShares iBonds Dec 2027 Term Treasury ETF by 40.0% during the 4th quarter. NewEdge Advisors LLC now owns 1,744,511 shares of the company’s stock worth $39,199,000 after purchasing an additional 497,993 shares during the period. United Capital Financial Advisors LLC raised its position in iShares iBonds Dec 2027 Term Treasury ETF by 62.0% in the third quarter. United Capital Financial Advisors LLC now owns 803,412 shares of the company’s stock valued at $18,093,000 after purchasing an additional 307,527 shares during the period. Ameriprise Financial Inc. raised its position in iShares iBonds Dec 2027 Term Treasury ETF by 53.9% in the third quarter. Ameriprise Financial Inc. now owns 248,385 shares of the company’s stock valued at $5,576,000 after purchasing an additional 86,960 shares during the period. Integrated Wealth Concepts LLC raised its holdings in shares of iShares iBonds Dec 2027 Term Treasury ETF by 8.1% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 1,089,080 shares of the company’s stock valued at $24,526,000 after buying an additional 81,760 shares during the period. Finally, Klaas Financial Asset Advisors LLC acquired a new position in iShares iBonds Dec 2027 Term Treasury ETF in the 4th quarter valued at about $1,468,000.

iShares iBonds Dec 2027 Term Treasury ETF Trading Up 0.1%

IBTH traded up $0.02 during trading hours on Thursday, reaching $22.32. The company’s stock had a trading volume of 788,606 shares, compared to its average volume of 463,469. iShares iBonds Dec 2027 Term Treasury ETF has a fifty-two week low of $22.29 and a fifty-two week high of $22.55. The business’s 50-day moving average is $22.37 and its 200-day moving average is $22.43.

iShares iBonds Dec 2027 Term Treasury ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st will be issued a dividend of $0.0686 per share. The ex-dividend date is Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

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.