iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE) Sees Significant Increase in Short Interest

iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE) saw a significant growth in short interest in May. As of May 31st, there was short interest totalling 82,800 shares, a growth of 18.3% from the May 15th total of 70,000 shares. Based on an average trading volume of 516,600 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of iShares iBonds Dec 2024 Term Treasury ETF

A number of large investors have recently added to or reduced their stakes in the company. JDM Financial Group LLC boosted its position in shares of iShares iBonds Dec 2024 Term Treasury ETF by 6.4% during the 3rd quarter. JDM Financial Group LLC now owns 16,647 shares of the company’s stock valued at $397,000 after acquiring an additional 1,005 shares during the last quarter. Mascoma Wealth Management LLC grew its stake in shares of iShares iBonds Dec 2024 Term Treasury ETF by 10.0% in the 4th quarter. Mascoma Wealth Management LLC now owns 15,103 shares of the company’s stock worth $360,000 after buying an additional 1,373 shares in the last quarter. Leavell Investment Management Inc. increased its holdings in shares of iShares iBonds Dec 2024 Term Treasury ETF by 0.8% in the 1st quarter. Leavell Investment Management Inc. now owns 195,081 shares of the company’s stock worth $4,670,000 after buying an additional 1,512 shares during the last quarter. United Community Bank purchased a new stake in shares of iShares iBonds Dec 2024 Term Treasury ETF during the 1st quarter valued at about $48,000. Finally, Private Trust Co. NA raised its position in shares of iShares iBonds Dec 2024 Term Treasury ETF by 14.4% during the 4th quarter. Private Trust Co. NA now owns 19,582 shares of the company’s stock valued at $467,000 after buying an additional 2,468 shares in the last quarter.

iShares iBonds Dec 2024 Term Treasury ETF Stock Down 0.0 %

IBTE stock traded down $0.01 during mid-day trading on Monday, hitting $23.92. The company had a trading volume of 237,548 shares, compared to its average volume of 657,291. The company has a 50-day moving average price of $23.92 and a 200 day moving average price of $23.90. iShares iBonds Dec 2024 Term Treasury ETF has a 12-month low of $23.71 and a 12-month high of $23.97.

iShares iBonds Dec 2024 Term Treasury ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were paid a dividend of $0.0927 per share. This represents a $1.11 dividend on an annualized basis and a yield of 4.65%. The ex-dividend date was Monday, June 3rd.

About iShares iBonds Dec 2024 Term Treasury ETF

The iShares iBonds Dec 2024 Term Treasury ETF (IBTE) is an exchange-traded fund that is based on the ICE 2024 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2024. The fund will terminate in December 2024. IBTE was launched on Feb 25, 2020 and is managed by BlackRock.