Short Interest in iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) Rises By 60.4%

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 153,070 shares, a growth of 60.4% from the November 30th total of 95,449 shares. Based on an average trading volume of 200,747 shares, the short-interest ratio is presently 0.8 days. Currently, 0.7% of the company’s shares are short sold. Currently, 0.7% of the company’s shares are short sold. Based on an average trading volume of 200,747 shares, the short-interest ratio is presently 0.8 days.

Institutional Investors Weigh In On iShares iBonds Dec 2031 Term Treasury ETF

Institutional investors and hedge funds have recently modified their holdings of the business. NewEdge Advisors LLC grew its position in iShares iBonds Dec 2031 Term Treasury ETF by 9,036.6% in the 3rd quarter. NewEdge Advisors LLC now owns 542,072 shares of the company’s stock valued at $11,150,000 after acquiring an additional 536,139 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of iShares iBonds Dec 2031 Term Treasury ETF by 40.2% during the third quarter. Ameriprise Financial Inc. now owns 495,443 shares of the company’s stock valued at $10,174,000 after purchasing an additional 141,988 shares during the period. United Capital Financial Advisors LLC boosted its stake in shares of iShares iBonds Dec 2031 Term Treasury ETF by 64.5% during the third quarter. United Capital Financial Advisors LLC now owns 224,705 shares of the company’s stock valued at $4,622,000 after purchasing an additional 88,097 shares during the period. Thoroughbred Financial Services LLC grew its holdings in shares of iShares iBonds Dec 2031 Term Treasury ETF by 63.1% in the third quarter. Thoroughbred Financial Services LLC now owns 146,164 shares of the company’s stock worth $3,006,000 after purchasing an additional 56,537 shares during the last quarter. Finally, Montecito Bank & Trust purchased a new position in iShares iBonds Dec 2031 Term Treasury ETF in the 3rd quarter worth about $383,000.

iShares iBonds Dec 2031 Term Treasury ETF Price Performance

Shares of iShares iBonds Dec 2031 Term Treasury ETF stock traded down $0.01 during trading on Tuesday, hitting $20.58. The stock had a trading volume of 39,189 shares, compared to its average volume of 116,987. iShares iBonds Dec 2031 Term Treasury ETF has a 12 month low of $19.54 and a 12 month high of $20.76. The firm’s fifty day simple moving average is $20.60 and its 200-day simple moving average is $20.51.

iShares iBonds Dec 2031 Term Treasury ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were given a dividend of $0.0631 per share. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Friday, December 19th.

About iShares iBonds Dec 2031 Term Treasury ETF

The iShares iBonds Dec 2031 Term Treasury ETF (IBTL) is an exchange-traded fund that is based on the ICE 2031 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2031. The fund will terminate in December 2031. IBTL was launched on Jul 13, 2021 and is managed by BlackRock.