iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Short Interest Up 862.3% in December

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totaling 68,181 shares, a growth of 862.3% from the November 30th total of 7,085 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 51,390 shares, the days-to-cover ratio is presently 1.3 days. Based on an average daily trading volume, of 51,390 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.4% of the shares of the stock are sold short.

iShares iBonds Dec 2033 Term Treasury ETF Stock Performance

NASDAQ:IBTO traded up $0.06 during mid-day trading on Wednesday, reaching $24.59. The stock had a trading volume of 40,254 shares, compared to its average volume of 66,512. iShares iBonds Dec 2033 Term Treasury ETF has a 12 month low of $23.29 and a 12 month high of $24.96. The stock has a 50-day simple moving average of $24.73 and a two-hundred day simple moving average of $24.54.

iShares iBonds Dec 2033 Term Treasury ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th will be issued a dividend of $0.0855 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. This is a boost from iShares iBonds Dec 2033 Term Treasury ETF’s previous monthly dividend of $0.08. The ex-dividend date is Friday, December 19th.

Institutional Trading of iShares iBonds Dec 2033 Term Treasury ETF

Large investors have recently bought and sold shares of the business. CNB Bank purchased a new stake in iShares iBonds Dec 2033 Term Treasury ETF in the 3rd quarter worth about $147,000. Headland Capital LLC increased its stake in iShares iBonds Dec 2033 Term Treasury ETF by 4.4% in the second quarter. Headland Capital LLC now owns 284,351 shares of the company’s stock valued at $6,969,000 after acquiring an additional 11,898 shares during the last quarter. United Capital Financial Advisors LLC grew its position in iShares iBonds Dec 2033 Term Treasury ETF by 43.5% during the third quarter. United Capital Financial Advisors LLC now owns 63,181 shares of the company’s stock valued at $1,557,000 after acquiring an additional 19,157 shares during the last quarter. Thoroughbred Financial Services LLC increased its holdings in shares of iShares iBonds Dec 2033 Term Treasury ETF by 159.9% in the third quarter. Thoroughbred Financial Services LLC now owns 32,306 shares of the company’s stock worth $796,000 after buying an additional 19,876 shares during the period. Finally, Ameriprise Financial Inc. bought a new position in shares of iShares iBonds Dec 2033 Term Treasury ETF in the third quarter worth approximately $2,554,000.

About iShares iBonds Dec 2033 Term Treasury ETF

The iShares iBonds Dec 2033 Term Treasury ETF (IBTO) is an exchange-traded fund that is based on the ICE 2033 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2033. The fund will terminate in December 2033. IBTO was launched on Jun 27, 2023 and is managed by BlackRock.