iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Short Interest Update

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) was the target of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 47,213 shares, a drop of 42.0% from the April 15th total of 81,391 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 67,728 shares, the days-to-cover ratio is currently 0.7 days.

iShares iBonds Dec 2033 Term Treasury ETF Trading Down 0.7%

Shares of IBTO traded down $0.16 during trading hours on Friday, hitting $23.92. The stock had a trading volume of 44,517 shares, compared to its average volume of 94,501. The company’s fifty day simple moving average is $24.34 and its 200 day simple moving average is $24.54. iShares iBonds Dec 2033 Term Treasury ETF has a 12-month low of $23.83 and a 12-month high of $25.00.

iShares iBonds Dec 2033 Term Treasury ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were given a $0.0817 dividend. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Friday, May 1st.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. Janney Montgomery Scott LLC purchased a new position in shares of iShares iBonds Dec 2033 Term Treasury ETF in the 1st quarter worth $1,595,000. Thoroughbred Financial Services LLC raised its position in shares of iShares iBonds Dec 2033 Term Treasury ETF by 117.8% in the 4th quarter. Thoroughbred Financial Services LLC now owns 70,348 shares of the company’s stock worth $1,727,000 after buying an additional 38,042 shares during the period. Atlantic Union Bankshares Corp raised its position in shares of iShares iBonds Dec 2033 Term Treasury ETF by 24.4% in the 4th quarter. Atlantic Union Bankshares Corp now owns 1,322,916 shares of the company’s stock worth $32,484,000 after buying an additional 259,627 shares during the period. Headland Capital LLC raised its position in shares of iShares iBonds Dec 2033 Term Treasury ETF by 2.9% in the 4th quarter. Headland Capital LLC now owns 303,888 shares of the company’s stock worth $7,462,000 after buying an additional 8,552 shares during the period. Finally, United Capital Financial Advisors LLC raised its position in shares of iShares iBonds Dec 2033 Term Treasury ETF by 43.5% in the 3rd quarter. United Capital Financial Advisors LLC now owns 63,181 shares of the company’s stock worth $1,557,000 after buying an additional 19,157 shares during the period.

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.