Short Interest in iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Drops By 36.4%

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) was the target of a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 97,700 shares, a decline of 36.4% from the December 15th total of 153,700 shares. Based on an average trading volume of 265,700 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of IBTI. Confluence Investment Management LLC grew its stake in iShares iBonds Dec 2028 Term Treasury ETF by 52.8% during the 3rd quarter. Confluence Investment Management LLC now owns 682,066 shares of the company’s stock valued at $15,350,000 after acquiring an additional 235,642 shares in the last quarter. Integrated Wealth Concepts LLC grew its position in iShares iBonds Dec 2028 Term Treasury ETF by 45.4% during the third quarter. Integrated Wealth Concepts LLC now owns 73,145 shares of the company’s stock valued at $1,646,000 after purchasing an additional 22,855 shares in the last quarter. Leavell Investment Management Inc. increased its stake in iShares iBonds Dec 2028 Term Treasury ETF by 94.1% in the 3rd quarter. Leavell Investment Management Inc. now owns 39,018 shares of the company’s stock valued at $878,000 after buying an additional 18,918 shares during the period. Strategic Blueprint LLC increased its stake in iShares iBonds Dec 2028 Term Treasury ETF by 67.6% in the 3rd quarter. Strategic Blueprint LLC now owns 39,507 shares of the company’s stock valued at $889,000 after buying an additional 15,929 shares during the period. Finally, Cary Street Partners Asset Management LLC purchased a new stake in iShares iBonds Dec 2028 Term Treasury ETF in the 3rd quarter worth approximately $294,000.

iShares iBonds Dec 2028 Term Treasury ETF Trading Down 0.1 %

iShares iBonds Dec 2028 Term Treasury ETF stock traded down $0.02 during midday trading on Friday, reaching $21.91. The stock had a trading volume of 256,848 shares, compared to its average volume of 276,572. iShares iBonds Dec 2028 Term Treasury ETF has a twelve month low of $21.47 and a twelve month high of $22.61. The firm’s fifty day simple moving average is $21.93 and its two-hundred day simple moving average is $22.13.

iShares iBonds Dec 2028 Term Treasury ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.0676 per share. The ex-dividend date of this dividend was Wednesday, December 18th.

About iShares iBonds Dec 2028 Term Treasury ETF

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.