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

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

iShares iBonds Dec 2032 Term Treasury ETF Trading Down 0.0 %

NASDAQ:IBTM traded down $0.01 during midday trading on Monday, reaching $21.92. 71,563 shares of the stock traded hands, compared to its average volume of 68,909. iShares iBonds Dec 2032 Term Treasury ETF has a 12-month low of $21.84 and a 12-month high of $23.75. The business has a 50-day moving average of $22.42 and a two-hundred day moving average of $22.84.

iShares iBonds Dec 2032 Term Treasury ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a $0.0766 dividend. The ex-dividend date was Wednesday, December 18th. This is a boost from iShares iBonds Dec 2032 Term Treasury ETF’s previous monthly dividend of $0.07. This represents a $0.92 dividend on an annualized basis and a yield of 4.19%.

Hedge Funds Weigh In On iShares iBonds Dec 2032 Term Treasury ETF

A hedge fund recently raised its stake in iShares iBonds Dec 2032 Term Treasury ETF stock. Confluence Investment Management LLC grew its position in iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) by 1.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 426,060 shares of the company’s stock after acquiring 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 Company Profile

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.