iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) Short Interest Up 74.1% in April

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) was the target of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 248,537 shares, an increase of 74.1% from the April 15th total of 142,775 shares. Based on an average trading volume of 79,713 shares, the short-interest ratio is presently 3.1 days. Approximately 0.9% of the shares of the company are short sold.

Hedge Funds Weigh In On iShares iBonds Dec 2031 Term Treasury ETF

Several large investors have recently bought and sold shares of the stock. Parallel Advisors LLC increased its stake in iShares iBonds Dec 2031 Term Treasury ETF by 17.8% during the 1st quarter. Parallel Advisors LLC now owns 200,701 shares of the company’s stock valued at $4,094,000 after buying an additional 30,319 shares during the period. Janney Montgomery Scott LLC increased its stake in iShares iBonds Dec 2031 Term Treasury ETF by 67.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 149,914 shares of the company’s stock valued at $3,058,000 after buying an additional 60,597 shares during the period. Montecito Bank & Trust increased its stake in iShares iBonds Dec 2031 Term Treasury ETF by 14.0% during the 1st quarter. Montecito Bank & Trust now owns 29,601 shares of the company’s stock valued at $604,000 after buying an additional 3,631 shares during the period. NewEdge Advisors LLC increased its stake in iShares iBonds Dec 2031 Term Treasury ETF by 12.2% during the 4th quarter. NewEdge Advisors LLC now owns 608,344 shares of the company’s stock valued at $12,486,000 after buying an additional 66,272 shares during the period. Finally, Captrust Financial Advisors acquired a new position in iShares iBonds Dec 2031 Term Treasury ETF during the 4th quarter valued at about $398,000.

iShares iBonds Dec 2031 Term Treasury ETF Stock Down 0.4%

Shares of IBTL stock traded down $0.08 during trading hours on Tuesday, reaching $20.00. The stock had a trading volume of 19,117 shares, compared to its average volume of 159,528. iShares iBonds Dec 2031 Term Treasury ETF has a twelve month low of $20.00 and a twelve month high of $20.81. The firm has a 50-day simple moving average of $20.35 and a 200-day simple moving average of $20.50.

iShares iBonds Dec 2031 Term Treasury ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were paid a dividend of $0.0659 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) annualized dividend and a yield of 4.0%.

About iShares iBonds Dec 2031 Term Treasury ETF

The iShares iBonds Dec 2031 Term Treasury ETF (IBTL) is an exchange-traded fund that is based on the ICE 2031 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2031. The fund will terminate in December 2031. IBTL was launched on Jul 13, 2021 and is managed by BlackRock.