iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Short Interest Down 34.7% in June

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) was the recipient of a large drop in short interest in the month of June. As of June 15th, there was short interest totalling 33,800 shares, a drop of 34.7% from the May 31st total of 51,800 shares. Based on an average trading volume of 102,100 shares, the days-to-cover ratio is presently 0.3 days.

iShares iBonds Dec 2028 Term Treasury ETF Stock Down 0.1 %

Shares of IBTI opened at $21.83 on Monday. iShares iBonds Dec 2028 Term Treasury ETF has a 52 week low of $21.21 and a 52 week high of $22.32. The company’s 50 day moving average price is $21.72 and its 200 day moving average price is $21.88.

iShares iBonds Dec 2028 Term Treasury ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were given a dividend of $0.0746 per share. This represents a $0.90 annualized dividend and a yield of 4.10%. The ex-dividend date was Monday, June 3rd.

Institutional Trading of iShares iBonds Dec 2028 Term Treasury ETF

Large investors have recently modified their holdings of the company. Bogart Wealth LLC acquired a new position in shares of iShares iBonds Dec 2028 Term Treasury ETF during the fourth quarter worth approximately $76,000. Private Trust Co. NA bought a new position in iShares iBonds Dec 2028 Term Treasury ETF during the fourth quarter valued at about $126,000. United Community Bank bought a new position in iShares iBonds Dec 2028 Term Treasury ETF in the first quarter worth $143,000. KPP Advisory Services LLC acquired a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF during the 3rd quarter valued at about $211,000. Finally, WASHINGTON TRUST Co acquired a new stake in iShares iBonds Dec 2028 Term Treasury ETF during the first quarter valued at approximately $222,000.

iShares iBonds Dec 2028 Term Treasury ETF Company Profile

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.