iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Short Interest Down 37.0% in March

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) was the target of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 85,400 shares, a decrease of 37.0% from the February 28th total of 135,500 shares. Based on an average daily trading volume, of 266,600 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the shares of the company are sold short.

Institutional Investors Weigh In On iShares iBonds Dec 2028 Term Treasury ETF

Several institutional investors have recently modified their holdings of IBTI. OLD Point Trust & Financial Services N A purchased a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF in the fourth quarter valued at $25,000. OLD Second National Bank of Aurora purchased a new stake in iShares iBonds Dec 2028 Term Treasury ETF in the fourth quarter worth $40,000. PSI Advisors LLC bought a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF during the fourth quarter worth $42,000. Bank of Jackson Hole Trust purchased a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF during the fourth quarter valued at $42,000. Finally, Kohmann Bosshard Financial Services LLC bought a new position in shares of iShares iBonds Dec 2028 Term Treasury ETF in the fourth quarter worth about $47,000.

iShares iBonds Dec 2028 Term Treasury ETF Trading Up 0.3 %

Shares of iShares iBonds Dec 2028 Term Treasury ETF stock traded up $0.07 on Friday, hitting $22.24. 146,323 shares of the company traded hands, compared to its average volume of 204,102. The business has a 50-day simple moving average of $22.04 and a 200 day simple moving average of $22.08. iShares iBonds Dec 2028 Term Treasury ETF has a 52 week low of $21.47 and a 52 week high of $22.61.

iShares iBonds Dec 2028 Term Treasury ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a $0.0667 dividend. The ex-dividend date was Monday, March 3rd.

iShares iBonds Dec 2028 Term Treasury ETF Company Profile

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.