iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Short Interest Down 86.0% in May

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totalling 2,700 shares, a decrease of 86.0% from the April 30th total of 19,300 shares. Based on an average trading volume of 45,300 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of iShares iBonds Dec 2032 Term Treasury ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Confluence Investment Management LLC acquired a new stake in shares of iShares iBonds Dec 2032 Term Treasury ETF during the first quarter worth $9,773,000. Atlantic Private Wealth LLC raised its holdings in shares of iShares iBonds Dec 2032 Term Treasury ETF by 519.0% during the fourth quarter. Atlantic Private Wealth LLC now owns 23,498 shares of the company’s stock worth $543,000 after purchasing an additional 19,702 shares during the period. WASHINGTON TRUST Co acquired a new stake in shares of iShares iBonds Dec 2032 Term Treasury ETF during the first quarter worth $151,000. Finally, Comerica Bank acquired a new stake in shares of iShares iBonds Dec 2032 Term Treasury ETF during the first quarter worth $30,000.

iShares iBonds Dec 2032 Term Treasury ETF Trading Down 0.5 %

NASDAQ IBTM traded down $0.12 during trading hours on Tuesday, reaching $22.13. 69,420 shares of the company traded hands, compared to its average volume of 44,641. iShares iBonds Dec 2032 Term Treasury ETF has a 12 month low of $21.32 and a 12 month high of $23.62. The company has a 50 day moving average of $22.23 and a two-hundred day moving average of $22.53.

iShares iBonds Dec 2032 Term Treasury ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd were issued a dividend of $0.0727 per share. The ex-dividend date of this dividend was Wednesday, May 1st. This represents a $0.87 dividend on an annualized basis and a dividend yield of 3.94%.

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.