iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Sees Large Increase in Short Interest

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 176,464 shares, an increase of 261.2% from the September 15th total of 48,857 shares. Currently, 0.9% of the company’s shares are short sold. Based on an average trading volume of 237,637 shares, the short-interest ratio is currently 0.7 days.

iShares iBonds Dec 2033 Term Treasury ETF Stock Performance

IBTO stock traded down $0.01 during midday trading on Friday, hitting $23.00. 105,248 shares of the company’s stock were exchanged, compared to its average volume of 118,965. iShares iBonds Dec 2033 Term Treasury ETF has a one year low of $22.83 and a one year high of $25.00. The stock’s fifty day moving average price is $23.48 and its 200-day moving average price is $23.89.

iShares iBonds Dec 2033 Term Treasury ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were given a dividend of $0.0790 per share. This is a decrease from iShares iBonds Dec 2033 Term Treasury ETF’s previous monthly dividend of $0.0838. This represents a $0.95 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Thursday, October 1st.

Hedge Funds Weigh In On iShares iBonds Dec 2033 Term Treasury ETF

A hedge fund recently bought a new position in iShares iBonds Dec 2033 Term Treasury ETF stock. Confluence Investment Management LLC acquired a new position in shares of iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 705,787 shares of the company’s stock, valued at approximately $16,226,000. Confluence Investment Management LLC owned approximately 3.61% of iShares iBonds Dec 2033 Term Treasury ETF as of its most recent SEC filing.

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.