Short Interest in iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Expands By 516.9%

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) was the target of a significant increase in short interest in October. As of October 31st, there was short interest totalling 36,400 shares, an increase of 516.9% from the October 15th total of 5,900 shares. Based on an average daily volume of 70,000 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On iShares iBonds Dec 2033 Term Treasury ETF

An institutional investor recently raised its position in iShares iBonds Dec 2033 Term Treasury ETF stock. Atlantic Union Bankshares Corp raised its stake in iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) by 28.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,112,658 shares of the company’s stock after acquiring an additional 245,586 shares during the period. iShares iBonds Dec 2033 Term Treasury ETF accounts for about 1.7% of Atlantic Union Bankshares Corp’s investment portfolio, making the stock its 9th biggest holding. Atlantic Union Bankshares Corp owned about 13.17% of iShares iBonds Dec 2033 Term Treasury ETF worth $26,701,000 as of its most recent filing with the Securities & Exchange Commission.

iShares iBonds Dec 2033 Term Treasury ETF Price Performance

IBTO traded down $0.02 during trading hours on Wednesday, reaching $23.85. 54,779 shares of the stock traded hands, compared to its average volume of 61,666. The firm’s fifty day simple moving average is $24.70 and its two-hundred day simple moving average is $24.39. iShares iBonds Dec 2033 Term Treasury ETF has a fifty-two week low of $23.35 and a fifty-two week high of $25.40.

iShares iBonds Dec 2033 Term Treasury ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a dividend of $0.0837 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.21%. The ex-dividend date was Friday, November 1st.

iShares iBonds Dec 2033 Term Treasury ETF Company Profile

The iShares iBonds Dec 2033 Term Treasury ETF (IBTO) is an exchange-traded fund that is based on the ICE 2033 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2033. The fund will terminate in December 2033. IBTO was launched on Jun 27, 2023 and is managed by BlackRock.