iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Sees Large Decrease in Short Interest

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) was the target of a significant drop in short interest in January. As of January 31st, there was short interest totalling 118,100 shares, a drop of 24.3% from the January 15th total of 156,100 shares. Based on an average daily volume of 307,200 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of iShares iBonds Dec 2028 Term Treasury ETF

Hedge funds have recently added to or reduced their stakes in the business. OLD Point Trust & Financial Services N A bought a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF during the 4th quarter worth $25,000. OLD Second National Bank of Aurora purchased a new position in iShares iBonds Dec 2028 Term Treasury ETF in the 4th quarter worth about $40,000. PSI Advisors LLC acquired a new position in shares of iShares iBonds Dec 2028 Term Treasury ETF in the fourth quarter worth about $42,000. Bank of Jackson Hole Trust purchased a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF in the 4th quarter valued at approximately $42,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in iShares iBonds Dec 2028 Term Treasury ETF during the fourth quarter valued at $47,000.

iShares iBonds Dec 2028 Term Treasury ETF Stock Up 0.5 %

NASDAQ:IBTI opened at $21.95 on Friday. The stock has a 50 day moving average of $21.91 and a 200-day moving average of $22.13. iShares iBonds Dec 2028 Term Treasury ETF has a 52 week low of $21.47 and a 52 week high of $22.61.

iShares iBonds Dec 2028 Term Treasury ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a $0.0752 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from iShares iBonds Dec 2028 Term Treasury ETF’s previous dividend of $0.07.

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.