Short Interest in iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) Decreases By 89.6%

Posted by Tyrone Williams on Jun 27th, 2024

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL – Get Free Report) saw a large drop in short interest in June. As of June 15th, there was short interest totalling 1,700 shares, a drop of 89.6% from the May 31st total of 16,300 shares. Based on an average trading volume of 37,400 shares, the days-to-cover ratio is currently 0.0 days.

iShares iBonds Dec 2031 Term Treasury ETF Price Performance

Shares of NASDAQ:IBTL traded up $0.04 during midday trading on Thursday, hitting $20.04. The stock had a trading volume of 61,471 shares, compared to its average volume of 47,840. iShares iBonds Dec 2031 Term Treasury ETF has a 12 month low of $19.02 and a 12 month high of $20.77. The business’s 50-day simple moving average is $19.83 and its 200-day simple moving average is $20.06.

iShares iBonds Dec 2031 Term Treasury ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were paid a $0.0698 dividend. The ex-dividend date of this dividend was Monday, June 3rd. This represents a $0.84 annualized dividend and a dividend yield of 4.18%.

Hedge Funds Weigh In On iShares iBonds Dec 2031 Term Treasury ETF

An institutional investor recently bought a new position in iShares iBonds Dec 2031 Term Treasury ETF stock. WASHINGTON TRUST Co acquired a new position in shares of iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL – Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 7,500 shares of the company’s stock, valued at approximately $151,000. WASHINGTON TRUST Co owned 0.08% of iShares iBonds Dec 2031 Term Treasury ETF at the end of the most recent reporting period.

iShares iBonds Dec 2031 Term Treasury ETF Company Profile

(Get Free Report)

The iShares iBonds Dec 2031 Term Treasury ETF (IBTL) is an exchange-traded fund that is based on the ICE 2031 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2031. The fund will terminate in December 2031. IBTL was launched on Jul 13, 2021 and is managed by BlackRock.