iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Short Interest Down 44.8% in March

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) was the recipient of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 139,600 shares, a decline of 44.8% from the February 28th total of 252,700 shares. Based on an average daily trading volume, of 472,700 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the shares of the company are short sold.

Hedge Funds Weigh In On iShares iBonds Dec 2027 Term Treasury ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of Jackson Hole Trust purchased a new stake in shares of iShares iBonds Dec 2027 Term Treasury ETF during the 4th quarter valued at approximately $42,000. Kohmann Bosshard Financial Services LLC bought a new stake in iShares iBonds Dec 2027 Term Treasury ETF during the 4th quarter valued at $47,000. PSI Advisors LLC purchased a new stake in shares of iShares iBonds Dec 2027 Term Treasury ETF during the fourth quarter worth $61,000. OLD Point Trust & Financial Services N A boosted its holdings in shares of iShares iBonds Dec 2027 Term Treasury ETF by 145.0% in the fourth quarter. OLD Point Trust & Financial Services N A now owns 7,300 shares of the company’s stock worth $162,000 after acquiring an additional 4,320 shares during the period. Finally, Hills Bank & Trust Co boosted its holdings in shares of iShares iBonds Dec 2027 Term Treasury ETF by 8.6% in the fourth quarter. Hills Bank & Trust Co now owns 9,900 shares of the company’s stock worth $220,000 after acquiring an additional 784 shares during the period.

iShares iBonds Dec 2027 Term Treasury ETF Stock Up 0.1 %

Shares of NASDAQ IBTH traded up $0.03 during trading on Friday, reaching $22.41. 40,984 shares of the stock traded hands, compared to its average volume of 270,593. iShares iBonds Dec 2027 Term Treasury ETF has a 52-week low of $21.79 and a 52-week high of $22.70. The company has a 50-day moving average of $22.28 and a 200-day moving average of $22.31.

iShares iBonds Dec 2027 Term Treasury ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.0686 per share. The ex-dividend date was Monday, March 3rd.

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.