iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Short Interest Update

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) was the target of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 700 shares, a drop of 89.6% from the February 29th total of 6,700 shares. Based on an average trading volume of 46,500 shares, the days-to-cover ratio is currently 0.0 days.

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

A number of institutional investors have recently modified their holdings of IBTM. Atlantic Private Wealth LLC bought a new position in iShares iBonds Dec 2032 Term Treasury ETF in the third quarter worth $83,000. Headinvest LLC lifted its holdings in shares of iShares iBonds Dec 2032 Term Treasury ETF by 8.7% during the 2nd quarter. Headinvest LLC now owns 23,720 shares of the company’s stock worth $536,000 after acquiring an additional 1,900 shares during the period. Finally, Flow Traders U.S. LLC bought a new position in iShares iBonds Dec 2032 Term Treasury ETF during the first quarter worth about $347,000.

iShares iBonds Dec 2032 Term Treasury ETF Stock Performance

Shares of NASDAQ IBTM traded up $0.08 during mid-day trading on Wednesday, reaching $22.69. The company had a trading volume of 268,531 shares, compared to its average volume of 51,201. The company has a 50-day moving average price of $22.66 and a two-hundred day moving average price of $22.43. iShares iBonds Dec 2032 Term Treasury ETF has a 1-year low of $21.32 and a 1-year high of $24.23.

iShares iBonds Dec 2032 Term Treasury ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Thursday, March 7th. Shareholders of record on Monday, March 4th were given a $0.0682 dividend. The ex-dividend date was Friday, March 1st. This represents a $0.82 dividend on an annualized basis and a dividend yield of 3.61%.

About iShares iBonds Dec 2032 Term Treasury ETF

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.