iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Short Interest Down 34.9% in August

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) was the target of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 288,805 shares, a decrease of 34.9% from the August 15th total of 443,410 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 467,630 shares, the days-to-cover ratio is currently 0.6 days.

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

A number of large investors have recently added to or reduced their stakes in the business. Parallel Advisors LLC boosted its position in iShares iBonds Dec 2028 Term Treasury ETF by 2.4% during the first quarter. Parallel Advisors LLC now owns 142,903 shares of the company’s stock valued at $3,184,000 after buying an additional 3,391 shares during the period. Reliant Wealth Planning increased its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 0.7% in the first quarter. Reliant Wealth Planning now owns 92,278 shares of the company’s stock worth $2,056,000 after buying an additional 670 shares during the period. FCA Corp TX lifted its stake in shares of iShares iBonds Dec 2028 Term Treasury ETF by 2.1% in the 1st quarter. FCA Corp TX now owns 224,296 shares of the company’s stock valued at $4,998,000 after acquiring an additional 4,536 shares during the last quarter. Basepoint Wealth LLC bought a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF in the 1st quarter valued at about $510,000. Finally, Midwest Professional Planners LTD. lifted its stake in shares of iShares iBonds Dec 2028 Term Treasury ETF by 45.1% in the 1st quarter. Midwest Professional Planners LTD. now owns 118,833 shares of the company’s stock valued at $2,648,000 after acquiring an additional 36,944 shares during the last quarter.

iShares iBonds Dec 2028 Term Treasury ETF Trading Down 0.0%

Shares of NASDAQ IBTI opened at $21.92 on Friday. iShares iBonds Dec 2028 Term Treasury ETF has a one year low of $21.91 and a one year high of $22.49. The firm’s 50 day simple moving average is $22.05 and its two-hundred day simple moving average is $22.14.

iShares iBonds Dec 2028 Term Treasury ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were paid a $0.0701 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a c) dividend on an annualized basis 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.