Short Interest in iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) Declines By 48.6%

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) saw a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 26,800 shares, a decrease of 48.6% from the February 13th total of 52,100 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 127,000 shares, the days-to-cover ratio is currently 0.2 days.

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

Hedge funds and other institutional investors have recently made changes to their positions in the company. Bogart Wealth LLC bought a new position in shares of iShares iBonds Dec 2031 Term Treasury ETF during the 4th quarter valued at about $44,000. Cary Street Partners Financial LLC acquired a new position in iShares iBonds Dec 2031 Term Treasury ETF in the 4th quarter worth $391,000. Integrated Wealth Concepts LLC increased its holdings in iShares iBonds Dec 2031 Term Treasury ETF by 23.5% during the 4th quarter. Integrated Wealth Concepts LLC now owns 25,548 shares of the company’s stock worth $506,000 after purchasing an additional 4,856 shares in the last quarter. Atlantic Private Wealth LLC raised its stake in shares of iShares iBonds Dec 2031 Term Treasury ETF by 24.5% in the 4th quarter. Atlantic Private Wealth LLC now owns 52,932 shares of the company’s stock valued at $1,048,000 after purchasing an additional 10,422 shares during the period. Finally, Boston Family Office LLC lifted its holdings in shares of iShares iBonds Dec 2031 Term Treasury ETF by 3.7% in the fourth quarter. Boston Family Office LLC now owns 72,213 shares of the company’s stock valued at $1,430,000 after purchasing an additional 2,548 shares in the last quarter.

iShares iBonds Dec 2031 Term Treasury ETF Stock Down 0.3 %

Shares of iShares iBonds Dec 2031 Term Treasury ETF stock traded down $0.07 during trading on Friday, reaching $20.14. 78,730 shares of the company were exchanged, compared to its average volume of 66,786. iShares iBonds Dec 2031 Term Treasury ETF has a twelve month low of $19.47 and a twelve month high of $20.99. The business has a 50-day moving average price of $19.93 and a 200-day moving average price of $20.17.

iShares iBonds Dec 2031 Term Treasury ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a $0.0638 dividend. The ex-dividend date was Monday, March 3rd.

iShares iBonds Dec 2031 Term Treasury ETF Company Profile

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.