Short Interest in iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Expands By 8.3%

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) saw a significant increase in short interest in the month of August. As of August 15th, there was short interest totalling 30,000 shares, an increase of 8.3% from the July 31st total of 27,700 shares. Based on an average daily volume of 61,600 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On iShares iBonds Dec 2033 Term Treasury ETF

A number of large investors have recently added to or reduced their stakes in IBTO. Atlantic Union Bankshares Corp increased its stake in iShares iBonds Dec 2033 Term Treasury ETF by 28.3% during the 2nd quarter. Atlantic Union Bankshares Corp now owns 1,112,658 shares of the company’s stock worth $26,701,000 after acquiring an additional 245,586 shares during the period. Exchange Capital Management Inc. acquired a new position in iShares iBonds Dec 2033 Term Treasury ETF in the first quarter valued at about $1,194,000. Finally, American National Bank & Trust Co. VA acquired a new stake in iShares iBonds Dec 2033 Term Treasury ETF during the first quarter worth about $1,183,000.

iShares iBonds Dec 2033 Term Treasury ETF Stock Performance

Shares of iShares iBonds Dec 2033 Term Treasury ETF stock opened at $24.87 on Monday. The stock’s 50-day moving average is $24.50 and its 200-day moving average is $24.13. iShares iBonds Dec 2033 Term Treasury ETF has a one year low of $22.81 and a one year high of $25.23.

iShares iBonds Dec 2033 Term Treasury ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, August 6th. Investors of record on Thursday, August 1st were paid a $0.088 dividend. This is an increase from iShares iBonds Dec 2033 Term Treasury ETF’s previous monthly dividend of $0.08. This represents a $1.06 annualized dividend and a yield of 4.25%. The ex-dividend date of this dividend was Thursday, August 1st.

iShares iBonds Dec 2033 Term Treasury ETF Company Profile

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.