iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Short Interest Update

Posted by Elija Maina on Nov 13th, 2024

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO – Get Free Report) was the recipient of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 36,400 shares, an increase of 516.9% from the October 15th total of 5,900 shares. Based on an average daily volume of 70,000 shares, the days-to-cover ratio is presently 0.5 days.

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

A hedge fund recently raised its stake in iShares iBonds Dec 2033 Term Treasury ETF stock. Atlantic Union Bankshares Corp lifted its position in iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO – Free Report) by 28.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,112,658 shares of the company’s stock after purchasing an additional 245,586 shares during the period. iShares iBonds Dec 2033 Term Treasury ETF comprises about 1.7% of Atlantic Union Bankshares Corp’s portfolio, making the stock its 9th biggest holding. Atlantic Union Bankshares Corp owned about 13.17% of iShares iBonds Dec 2033 Term Treasury ETF worth $26,701,000 at the end of the most recent reporting period.

iShares iBonds Dec 2033 Term Treasury ETF Stock Performance

IBTO traded down $0.02 during trading on Wednesday, reaching $23.85. 54,779 shares of the company’s stock were exchanged, compared to its average volume of 61,666. The company’s fifty day simple moving average is $24.70 and its 200-day simple moving average is $24.39. iShares iBonds Dec 2033 Term Treasury ETF has a 1 year low of $23.35 and a 1 year high of $25.40.

iShares iBonds Dec 2033 Term Treasury ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a dividend of $0.0837 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.00 dividend on an annualized basis and a yield of 4.21%.

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.