iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Sees Large Increase in Short Interest

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) saw a significant increase in short interest in August. As of August 14th, there was short interest totaling 364,125 shares, an increase of 110.9% from the July 30th total of 172,683 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average trading volume of 404,641 shares, the days-to-cover ratio is currently 0.9 days.

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

A number of institutional investors have recently modified their holdings of the stock. Reliant Wealth Planning boosted its stake in iShares iBonds Dec 2027 Term Treasury ETF by 0.7% in the 1st quarter. Reliant Wealth Planning now owns 66,696 shares of the company’s stock worth $1,496,000 after purchasing an additional 489 shares in the last quarter. Pinnacle Bancorp Inc. lifted its stake in shares of iShares iBonds Dec 2027 Term Treasury ETF by 2.5% in the first quarter. Pinnacle Bancorp Inc. now owns 27,865 shares of the company’s stock worth $625,000 after buying an additional 668 shares in the last quarter. Thoroughbred Financial Services LLC lifted its stake in shares of iShares iBonds Dec 2027 Term Treasury ETF by 0.9% in the fourth quarter. Thoroughbred Financial Services LLC now owns 99,574 shares of the company’s stock worth $2,237,000 after buying an additional 891 shares in the last quarter. Princeton Global Asset Management LLC purchased a new stake in shares of iShares iBonds Dec 2027 Term Treasury ETF during the first quarter valued at approximately $30,000. Finally, Compass Financial Management LLC purchased a new stake in shares of iShares iBonds Dec 2027 Term Treasury ETF during the second quarter valued at approximately $48,000.

iShares iBonds Dec 2027 Term Treasury ETF Trading Down 0.1%

NASDAQ:IBTH opened at $22.36 on Friday. The firm’s fifty day simple moving average is $22.35 and its 200 day simple moving average is $22.39. iShares iBonds Dec 2027 Term Treasury ETF has a twelve month low of $22.29 and a twelve month high of $22.55.

iShares iBonds Dec 2027 Term Treasury ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were issued a dividend of $0.07 per share. The ex-dividend date was Monday, August 3rd. This is a positive change from iShares iBonds Dec 2027 Term Treasury ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a dividend yield of 3.8%.

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.