Short Interest in iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Drops By 66.7%

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) was the target of a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 22,200 shares, a drop of 66.7% from the December 15th total of 66,600 shares. Based on an average daily volume of 92,900 shares, the days-to-cover ratio is presently 0.2 days.

iShares iBonds Dec 2033 Term Treasury ETF Stock Down 0.1 %

Shares of iShares iBonds Dec 2033 Term Treasury ETF stock traded down $0.02 during trading hours on Monday, reaching $23.32. 45,722 shares of the company were exchanged, compared to its average volume of 55,403. iShares iBonds Dec 2033 Term Treasury ETF has a 1 year low of $23.29 and a 1 year high of $25.40. The stock’s fifty day moving average is $23.91 and its 200 day moving average is $24.40.

iShares iBonds Dec 2033 Term Treasury ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.0886 per share. This is an increase from iShares iBonds Dec 2033 Term Treasury ETF’s previous monthly dividend of $0.08. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $1.06 annualized dividend and a yield of 4.56%.

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.