iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Sees Large Drop in Short Interest

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) was the recipient of a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 22,200 shares, a decline of 66.7% from the December 31st total of 66,600 shares. Based on an average daily volume of 92,900 shares, the days-to-cover ratio is currently 0.2 days.

iShares iBonds Dec 2033 Term Treasury ETF Price Performance

iShares iBonds Dec 2033 Term Treasury ETF stock remained flat at $23.81 during trading hours on Tuesday. 1,068,574 shares of the company’s stock traded hands, compared to its average volume of 123,475. The business’s 50-day simple moving average is $23.82 and its 200-day simple moving average is $24.36. iShares iBonds Dec 2033 Term Treasury ETF has a 12 month low of $23.29 and a 12 month high of $25.40.

iShares iBonds Dec 2033 Term Treasury ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a $0.0886 dividend. This represents a $1.06 annualized dividend and a dividend yield of 4.47%. The ex-dividend date of this dividend was Wednesday, December 18th. This is a boost from iShares iBonds Dec 2033 Term Treasury ETF’s previous monthly dividend of $0.08.

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.