iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE) Short Interest Up 209.1% in October

iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE) saw a significant growth in short interest in October. As of October 31st, there was short interest totalling 23,800 shares, a growth of 209.1% from the October 15th total of 7,700 shares. Based on an average daily volume of 917,800 shares, the short-interest ratio is currently 0.0 days.

iShares iBonds Dec 2024 Term Treasury ETF Price Performance

IBTE stock remained flat at $23.92 during midday trading on Tuesday. The company had a trading volume of 1,049,231 shares, compared to its average volume of 707,908. iShares iBonds Dec 2024 Term Treasury ETF has a 1 year low of $23.79 and a 1 year high of $24.01. The business’s fifty day moving average price is $23.94 and its two-hundred day moving average price is $23.94.

iShares iBonds Dec 2024 Term Treasury ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a $0.1004 dividend. The ex-dividend date of this dividend was Friday, November 1st.

Hedge Funds Weigh In On iShares iBonds Dec 2024 Term Treasury ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Montecito Bank & Trust raised its position in shares of iShares iBonds Dec 2024 Term Treasury ETF by 1.0% in the 2nd quarter. Montecito Bank & Trust now owns 46,649 shares of the company’s stock valued at $1,119,000 after acquiring an additional 460 shares during the period. Janney Montgomery Scott LLC grew its holdings in shares of iShares iBonds Dec 2024 Term Treasury ETF by 0.5% in the 3rd quarter. Janney Montgomery Scott LLC now owns 202,536 shares of the company’s stock valued at $4,861,000 after buying an additional 954 shares during the period. Kennebec Savings Bank bought a new stake in shares of iShares iBonds Dec 2024 Term Treasury ETF in the 3rd quarter valued at $41,000. JDM Financial Group LLC raised its stake in iShares iBonds Dec 2024 Term Treasury ETF by 12.4% during the 1st quarter. JDM Financial Group LLC now owns 19,093 shares of the company’s stock worth $457,000 after buying an additional 2,104 shares during the period. Finally, Eastern Bank bought a new position in iShares iBonds Dec 2024 Term Treasury ETF during the third quarter worth about $108,000.

About iShares iBonds Dec 2024 Term Treasury ETF

The iShares iBonds Dec 2024 Term Treasury ETF (IBTE) is an exchange-traded fund that is based on the ICE 2024 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2024. The fund will terminate in December 2024. IBTE was launched on Feb 25, 2020 and is managed by BlackRock.