iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Short Interest Update

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 100,852 shares, a drop of 65.1% from the August 31st total of 288,805 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 504,298 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in IBTI. Ascentis Independent Advisors purchased a new stake in iShares iBonds Dec 2028 Term Treasury ETF during the first quarter valued at approximately $33,000. Towne Trust Company N.A boosted its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 9.7% in the 1st quarter. Towne Trust Company N.A now owns 12,400 shares of the company’s stock worth $276,000 after purchasing an additional 1,100 shares during the period. Pinnacle Bancorp Inc. increased its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 4.3% during the 1st quarter. Pinnacle Bancorp Inc. now owns 16,163 shares of the company’s stock valued at $360,000 after purchasing an additional 671 shares during the last quarter. Basepoint Wealth LLC purchased a new stake in iShares iBonds Dec 2028 Term Treasury ETF during the 1st quarter valued at $510,000. Finally, Reliant Wealth Planning raised its holdings in iShares iBonds Dec 2028 Term Treasury ETF by 0.7% during the 1st quarter. Reliant Wealth Planning now owns 92,278 shares of the company’s stock valued at $2,056,000 after buying an additional 670 shares during the period.

iShares iBonds Dec 2028 Term Treasury ETF Price Performance

NASDAQ IBTI traded up $0.01 on Tuesday, reaching $21.89. 969,590 shares of the stock were exchanged, compared to its average volume of 430,069. iShares iBonds Dec 2028 Term Treasury ETF has a one year low of $21.86 and a one year high of $22.49. The company’s 50-day simple moving average is $22.03 and its two-hundred day simple moving average is $22.12.

iShares iBonds Dec 2028 Term Treasury ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were issued a $0.0701 dividend. This represents a $0.84 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend was Tuesday, September 1st.

iShares iBonds Dec 2028 Term Treasury ETF Company Profile

The iShares iBonds Dec 2028 Term Treasury ETF (IBTI) is an exchange-traded fund that is based on the ICE 2028 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2028. The fund will terminate in December 2028. IBTI was launched on Feb 25, 2020 and is managed by BlackRock.