Short Interest in iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Expands By 38.8%

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 348,609 shares, an increase of 38.8% from the December 15th total of 251,206 shares. Based on an average trading volume of 677,965 shares, the short-interest ratio is presently 0.5 days. Approximately 0.5% of the company’s shares are short sold. Approximately 0.5% of the company’s shares are short sold. Based on an average trading volume of 677,965 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On iShares iBonds Dec 2028 Term Treasury ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Crews Bank & Trust grew its position in iShares iBonds Dec 2028 Term Treasury ETF by 3.2% in the second quarter. Crews Bank & Trust now owns 14,725 shares of the company’s stock valued at $329,000 after acquiring an additional 450 shares in the last quarter. Cary Street Partners Financial LLC lifted its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 3.1% during the second quarter. Cary Street Partners Financial LLC now owns 41,917 shares of the company’s stock worth $937,000 after purchasing an additional 1,261 shares in the last quarter. High Note Wealth LLC purchased a new position in shares of iShares iBonds Dec 2028 Term Treasury ETF in the third quarter valued at $29,000. Heartland Bank & Trust Co grew its holdings in iShares iBonds Dec 2028 Term Treasury ETF by 7.7% during the 3rd quarter. Heartland Bank & Trust Co now owns 19,209 shares of the company’s stock valued at $430,000 after purchasing an additional 1,374 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC increased its stake in iShares iBonds Dec 2028 Term Treasury ETF by 13.5% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 12,599 shares of the company’s stock worth $282,000 after buying an additional 1,494 shares during the period.

iShares iBonds Dec 2028 Term Treasury ETF Stock Down 0.0%

iShares iBonds Dec 2028 Term Treasury ETF stock traded down $0.01 during trading on Monday, reaching $22.34. 348,506 shares of the company’s stock were exchanged, compared to its average volume of 627,828. iShares iBonds Dec 2028 Term Treasury ETF has a 52-week low of $21.83 and a 52-week high of $22.47. The company’s 50-day moving average is $22.37 and its two-hundred day moving average is $22.35.

iShares iBonds Dec 2028 Term Treasury ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were given a $0.0706 dividend. The ex-dividend date of this dividend was Friday, December 19th. This is a positive change from iShares iBonds Dec 2028 Term Treasury ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a dividend yield of 3.8%.

About iShares iBonds Dec 2028 Term Treasury ETF

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.