Short Interest in iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Decreases By 8.1%

Posted by Donald Scott on Nov 19th, 2024

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM – Get Free Report) saw a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 32,700 shares, a decline of 8.1% from the October 15th total of 35,600 shares. Based on an average daily volume of 50,700 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Trading of iShares iBonds Dec 2032 Term Treasury ETF

A hedge fund recently raised its stake in iShares iBonds Dec 2032 Term Treasury ETF stock. Flow Traders U.S. LLC lifted its holdings in iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM – Free Report) by 56.3% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 64,526 shares of the company’s stock after purchasing an additional 23,255 shares during the period. Flow Traders U.S. LLC owned approximately 0.58% of iShares iBonds Dec 2032 Term Treasury ETF worth $1,515,000 at the end of the most recent reporting period.

iShares iBonds Dec 2032 Term Treasury ETF Stock Up 0.3 %

NASDAQ:IBTM traded up $0.06 during trading hours on Tuesday, reaching $22.49. 16,506 shares of the stock were exchanged, compared to its average volume of 42,412. iShares iBonds Dec 2032 Term Treasury ETF has a twelve month low of $21.84 and a twelve month high of $23.75. The business has a 50-day moving average of $23.02 and a two-hundred day moving average of $22.82.

iShares iBonds Dec 2032 Term Treasury ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a dividend of $0.0732 per share. This represents a $0.88 dividend on an annualized basis and a yield of 3.91%. The ex-dividend date was Friday, November 1st.

About iShares iBonds Dec 2032 Term Treasury ETF

(Get Free Report)

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.