iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Stock Short Interest Declines 40.5%

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 321,354 shares, a decrease of 40.5% from the August 31st total of 539,706 shares. Based on an average trading volume of 581,285 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.3% of the shares of the stock are short sold.

iShares iBonds Dec 2027 Term Treasury ETF Trading Up 0.0%

Shares of IBTH stock opened at $22.32 on Wednesday. The business’s 50 day moving average is $22.33 and its two-hundred day moving average is $22.36. iShares iBonds Dec 2027 Term Treasury ETF has a 12-month low of $22.29 and a 12-month high of $22.55.

iShares iBonds Dec 2027 Term Treasury ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were given a dividend of $0.0695 per share. The ex-dividend date was Tuesday, September 1st. This represents a $0.83 dividend on an annualized basis and a dividend yield of 3.7%.

Institutional Investors Weigh In On iShares iBonds Dec 2027 Term Treasury ETF

A number of institutional investors have recently added to or reduced their stakes in IBTH. Midwest Professional Planners LTD. lifted its stake in shares of iShares iBonds Dec 2027 Term Treasury ETF by 29.0% in the first quarter. Midwest Professional Planners LTD. now owns 264,689 shares of the company’s stock worth $5,937,000 after buying an additional 59,478 shares in the last quarter. Eldridge Investment Advisors Inc. grew its stake in iShares iBonds Dec 2027 Term Treasury ETF by 37.6% during the 4th quarter. Eldridge Investment Advisors Inc. now owns 112,809 shares of the company’s stock valued at $2,535,000 after acquiring an additional 30,816 shares in the last quarter. Atlantic Private Wealth LLC raised its holdings in iShares iBonds Dec 2027 Term Treasury ETF by 15.8% in the 4th quarter. Atlantic Private Wealth LLC now owns 195,805 shares of the company’s stock valued at $4,400,000 after acquiring an additional 26,708 shares during the last quarter. Boston Family Office LLC lifted its stake in iShares iBonds Dec 2027 Term Treasury ETF by 9.9% in the 4th quarter. Boston Family Office LLC now owns 259,199 shares of the company’s stock worth $5,824,000 after purchasing an additional 23,324 shares in the last quarter. Finally, Basepoint Wealth LLC purchased a new position in iShares iBonds Dec 2027 Term Treasury ETF in the 1st quarter worth approximately $400,000.

About iShares iBonds Dec 2027 Term Treasury ETF

The iShares iBonds Dec 2027 Term Treasury ETF (IBTH) is an exchange-traded fund that is based on the ICE 2027 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2027. The fund will terminate in December 2027. IBTH was launched on Feb 25, 2020 and is managed by BlackRock.