iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE) Short Interest Update

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

Institutional Investors Weigh In On iShares iBonds Dec 2024 Term Treasury ETF

Several large investors have recently made changes to their positions in IBTE. Captrust Financial Advisors increased its holdings in iShares iBonds Dec 2024 Term Treasury ETF by 12.4% during the first quarter. Captrust Financial Advisors now owns 21,426,891 shares of the company’s stock worth $512,960,000 after buying an additional 2,356,332 shares during the last quarter. JDM Financial Group LLC increased its stake in shares of iShares iBonds Dec 2024 Term Treasury ETF by 12.4% during the 1st quarter. JDM Financial Group LLC now owns 19,093 shares of the company’s stock worth $457,000 after purchasing an additional 2,104 shares during the last quarter. Portland Global Advisors LLC bought a new stake in shares of iShares iBonds Dec 2024 Term Treasury ETF in the 1st quarter valued at about $1,130,000. Gould Asset Management LLC CA lifted its stake in iShares iBonds Dec 2024 Term Treasury ETF by 59.3% in the 1st quarter. Gould Asset Management LLC CA now owns 49,415 shares of the company’s stock valued at $1,183,000 after purchasing an additional 18,400 shares during the last quarter. Finally, United Community Bank bought a new position in iShares iBonds Dec 2024 Term Treasury ETF during the first quarter worth about $48,000.

iShares iBonds Dec 2024 Term Treasury ETF Stock Down 0.0 %

NASDAQ:IBTE opened at $23.92 on Tuesday. iShares iBonds Dec 2024 Term Treasury ETF has a 52-week low of $23.71 and a 52-week high of $23.97. The stock’s 50-day simple moving average is $23.92 and its 200 day simple moving average is $23.90.

iShares iBonds Dec 2024 Term Treasury ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, June 3rd were given a dividend of $0.0927 per share. This represents a $1.11 annualized dividend and a dividend 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.