Short Interest in iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Drops By 39.7%

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTOGet Free Report) saw a significant drop in short interest in March. As of March 15th, there was short interest totalling 13,800 shares, a drop of 39.7% from the February 28th total of 22,900 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 82,100 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On iShares iBonds Dec 2033 Term Treasury ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. GLOBALT Investments LLC GA bought a new position in shares of iShares iBonds Dec 2033 Term Treasury ETF during the fourth quarter worth about $58,387,000. Exchange Capital Management Inc. bought a new position in iShares iBonds Dec 2033 Term Treasury ETF during the 4th quarter worth approximately $1,161,000. Captrust Financial Advisors acquired a new position in shares of iShares iBonds Dec 2033 Term Treasury ETF in the 4th quarter worth approximately $584,000. Atlantic Private Wealth LLC bought a new stake in shares of iShares iBonds Dec 2033 Term Treasury ETF in the 4th quarter valued at approximately $523,000. Finally, Noble Wealth Management PBC acquired a new stake in shares of iShares iBonds Dec 2033 Term Treasury ETF during the 4th quarter valued at approximately $47,000.

iShares iBonds Dec 2033 Term Treasury ETF Trading Up 0.7 %

Shares of NASDAQ IBTO traded up $0.18 during trading on Friday, reaching $24.31. 75,747 shares of the stock were exchanged, compared to its average volume of 67,336. The business’s 50-day moving average price is $24.00 and its 200 day moving average price is $24.14. iShares iBonds Dec 2033 Term Treasury ETF has a twelve month low of $23.29 and a twelve month high of $25.40.

iShares iBonds Dec 2033 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 paid a dividend of $0.0777 per share. The ex-dividend date was Monday, March 3rd.

About iShares iBonds Dec 2033 Term Treasury ETF

(Get Free Report)

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.

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