iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Short Interest Update

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) was the recipient of a significant growth in short interest in the month of May. As of May 31st, there was short interest totalling 51,800 shares, a growth of 29.8% from the May 15th total of 39,900 shares. Based on an average daily trading volume, of 110,300 shares, the days-to-cover ratio is presently 0.5 days.

iShares iBonds Dec 2028 Term Treasury ETF Trading Up 0.0 %

Shares of iShares iBonds Dec 2028 Term Treasury ETF stock traded up $0.01 during trading on Friday, reaching $21.88. 97,953 shares of the stock traded hands, compared to its average volume of 127,381. iShares iBonds Dec 2028 Term Treasury ETF has a 52-week low of $21.21 and a 52-week high of $22.32. The business has a fifty day simple moving average of $21.66 and a two-hundred day simple moving average of $21.89.

iShares iBonds Dec 2028 Term Treasury ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were given a $0.0746 dividend. The ex-dividend date of this dividend was Monday, June 3rd. This represents a $0.90 annualized dividend and a yield of 4.09%.

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

Several institutional investors have recently made changes to their positions in IBTI. Bogart Wealth LLC bought a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF during the fourth quarter worth $76,000. Private Trust Co. NA bought a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF during the fourth quarter valued at approximately $126,000. United Community Bank purchased a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF in the first quarter valued at approximately $143,000. KPP Advisory Services LLC bought a new position in iShares iBonds Dec 2028 Term Treasury ETF in the third quarter worth approximately $211,000. Finally, WASHINGTON TRUST Co purchased a new position in iShares iBonds Dec 2028 Term Treasury ETF during the 1st quarter worth $222,000.

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.