iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Short Interest Update

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) was the target of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 100,852 shares, a decline of 65.1% from the August 31st total of 288,805 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 504,298 shares, the short-interest ratio is presently 0.2 days.

iShares iBonds Dec 2028 Term Treasury ETF Price Performance

Shares of NASDAQ IBTI traded up $0.03 during mid-day trading on Friday, hitting $21.91. The stock had a trading volume of 592,414 shares, compared to its average volume of 425,524. The company has a 50 day moving average of $22.04 and a two-hundred day moving average of $22.13. iShares iBonds Dec 2028 Term Treasury ETF has a twelve month low of $21.86 and a twelve month high of $22.49.

iShares iBonds Dec 2028 Term Treasury ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a dividend of $0.0701 per share. This represents a $0.84 annualized dividend and a yield of 3.8%. The ex-dividend date was Tuesday, September 1st.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Ascentis Independent Advisors acquired a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF during the first quarter worth about $33,000. Towne Trust Company N.A increased its holdings in iShares iBonds Dec 2028 Term Treasury ETF by 9.7% in the 1st quarter. Towne Trust Company N.A now owns 12,400 shares of the company’s stock worth $276,000 after buying an additional 1,100 shares during the period. Pinnacle Bancorp Inc. raised its position in iShares iBonds Dec 2028 Term Treasury ETF by 4.3% during the 1st quarter. Pinnacle Bancorp Inc. now owns 16,163 shares of the company’s stock worth $360,000 after buying an additional 671 shares during the last quarter. Basepoint Wealth LLC purchased a new position in iShares iBonds Dec 2028 Term Treasury ETF during the 1st quarter worth approximately $510,000. Finally, Reliant Wealth Planning lifted its stake in iShares iBonds Dec 2028 Term Treasury ETF by 0.7% during the 1st quarter. Reliant Wealth Planning now owns 92,278 shares of the company’s stock valued at $2,056,000 after acquiring an additional 670 shares during the period.

About iShares iBonds Dec 2028 Term Treasury ETF

The iShares iBonds Dec 2028 Term Treasury ETF (IBTI) is an exchange-traded fund that is based on the ICE 2028 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2028. The fund will terminate in December 2028. IBTI was launched on Feb 25, 2020 and is managed by BlackRock.