iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Sees Significant Increase in Short Interest

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 385,737 shares, an increase of 36.7% from the November 30th total of 282,206 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 472,199 shares, the days-to-cover ratio is currently 0.8 days. Based on an average daily trading volume, of 472,199 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.5% of the shares of the company are sold short.

iShares iBonds Dec 2027 Term Treasury ETF Stock Performance

Shares of IBTH traded up $0.01 during trading hours on Tuesday, hitting $22.48. 637,542 shares of the company were exchanged, compared to its average volume of 445,104. iShares iBonds Dec 2027 Term Treasury ETF has a one year low of $22.11 and a one year high of $22.57. The firm has a fifty day simple moving average of $22.48 and a 200-day simple moving average of $22.46.

iShares iBonds Dec 2027 Term Treasury ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were issued a dividend of $0.0716 per share. This is an increase from iShares iBonds Dec 2027 Term Treasury ETF’s previous monthly dividend of $0.07. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date was Friday, December 19th.

Hedge Funds Weigh In On iShares iBonds Dec 2027 Term Treasury ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. High Note Wealth LLC lifted its holdings in shares of iShares iBonds Dec 2027 Term Treasury ETF by 770.8% in the third quarter. High Note Wealth LLC now owns 3,483 shares of the company’s stock valued at $78,000 after purchasing an additional 3,083 shares in the last quarter. Harbor Investment Advisory LLC raised its position in iShares iBonds Dec 2027 Term Treasury ETF by 99.9% during the second quarter. Harbor Investment Advisory LLC now owns 3,555 shares of the company’s stock valued at $80,000 after buying an additional 1,777 shares during the period. Lbmc Investment Advisors LLC purchased a new stake in iShares iBonds Dec 2027 Term Treasury ETF in the 2nd quarter worth about $223,000. Beese Fulmer Investment Management Inc. boosted its position in iShares iBonds Dec 2027 Term Treasury ETF by 11.5% during the 3rd quarter. Beese Fulmer Investment Management Inc. now owns 10,104 shares of the company’s stock worth $228,000 after acquiring an additional 1,040 shares during the period. Finally, Prime Capital Investment Advisors LLC purchased a new position in iShares iBonds Dec 2027 Term Treasury ETF during the 2nd quarter valued at about $232,000.

About iShares iBonds Dec 2027 Term Treasury ETF

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.