iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Shares Shorted: Short Interest Down 49.7% in October

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 31,293 shares, a decline of 49.7% from the September 30th total of 62,178 shares. Based on an average daily volume of 262,305 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On iShares iBonds Dec 2032 Term Treasury ETF

Several institutional investors have recently modified their holdings of the company. Confluence Investment Management LLC acquired a new position in iShares iBonds Dec 2032 Term Treasury ETF during the 3rd quarter valued at about $15,281,000. Atlantic Private Wealth LLC increased its stake in shares of iShares iBonds Dec 2032 Term Treasury ETF by 25.3% in the second quarter. Atlantic Private Wealth LLC now owns 293,989 shares of the company’s stock valued at $6,672,000 after purchasing an additional 59,363 shares during the period. Parallel Advisors LLC increased its stake in shares of iShares iBonds Dec 2032 Term Treasury ETF by 146.6% in the first quarter. Parallel Advisors LLC now owns 162,870 shares of the company’s stock valued at $3,735,000 after purchasing an additional 96,836 shares during the period. Finally, McIlrath & Eck LLC bought a new stake in shares of iShares iBonds Dec 2032 Term Treasury ETF during the first quarter valued at approximately $73,000.

iShares iBonds Dec 2032 Term Treasury ETF Trading Up 0.4%

Shares of iShares iBonds Dec 2032 Term Treasury ETF stock traded up $0.09 during trading hours on Friday, reaching $22.17. The company’s stock had a trading volume of 326,492 shares, compared to its average volume of 157,041. The company’s 50 day simple moving average is $22.01 and its 200 day simple moving average is $22.60. iShares iBonds Dec 2032 Term Treasury ETF has a one year low of $21.62 and a one year high of $23.46.

iShares iBonds Dec 2032 Term Treasury ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were paid a $0.07 dividend. The ex-dividend date was Thursday, October 1st. This is a negative change from iShares iBonds Dec 2032 Term Treasury ETF’s previous monthly dividend of $0.0759. This represents a $0.84 dividend on an annualized basis and a yield of 3.8%.

iShares iBonds Dec 2032 Term Treasury ETF Company Profile

The iShares iBonds Dec 2032 Term Treasury ETF (IBTM) is an exchange-traded fund that is based on the ICE 2032 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2032. The fund will terminate in December 2032. IBTM was launched on Jul 6, 2022 and is managed by BlackRock.