iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Short Interest Up 235.0% in January

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totalling 13,400 shares, an increase of 235.0% from the December 31st total of 4,000 shares. Based on an average trading volume of 56,900 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of iShares iBonds Dec 2032 Term Treasury ETF

An institutional investor recently raised its position in iShares iBonds Dec 2032 Term Treasury ETF stock. Confluence Investment Management LLC lifted its stake in shares of iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) by 1.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 426,060 shares of the company’s stock after buying an additional 7,465 shares during the period. Confluence Investment Management LLC owned about 3.86% of iShares iBonds Dec 2032 Term Treasury ETF worth $9,459,000 at the end of the most recent quarter.

iShares iBonds Dec 2032 Term Treasury ETF Stock Down 0.1 %

Shares of iShares iBonds Dec 2032 Term Treasury ETF stock traded down $0.03 during trading hours on Wednesday, reaching $22.32. The company’s stock had a trading volume of 57,548 shares, compared to its average volume of 106,319. The stock’s fifty day simple moving average is $22.35 and its two-hundred day simple moving average is $22.81. iShares iBonds Dec 2032 Term Treasury ETF has a one year low of $21.84 and a one year high of $23.75.

iShares iBonds Dec 2032 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 paid a dividend of $0.0766 per share. The ex-dividend date was Wednesday, December 18th. This represents a $0.92 dividend on an annualized basis and a yield of 4.12%. This is an increase from iShares iBonds Dec 2032 Term Treasury ETF’s previous monthly dividend of $0.07.

About iShares iBonds Dec 2032 Term Treasury ETF

The iShares iBonds Dec 2032 Term Treasury ETF (IBTM) is an exchange-traded fund that is based on the ICE 2032 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2032. The fund will terminate in December 2032. IBTM was launched on Jul 6, 2022 and is managed by BlackRock.