iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Short Interest Down 89.6% in March

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) was the target of a significant decline in short interest in March. As of March 15th, there was short interest totalling 700 shares, a decline of 89.6% from the February 29th total of 6,700 shares. Based on an average daily trading volume, of 46,500 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Headinvest LLC lifted its holdings in iShares iBonds Dec 2032 Term Treasury ETF by 8.7% during the 2nd quarter. Headinvest LLC now owns 23,720 shares of the company’s stock worth $536,000 after buying an additional 1,900 shares during the last quarter. Atlantic Private Wealth LLC acquired a new position in iShares iBonds Dec 2032 Term Treasury ETF in the 3rd quarter valued at about $83,000. Finally, Flow Traders U.S. LLC acquired a new position in iShares iBonds Dec 2032 Term Treasury ETF in the 1st quarter valued at about $347,000.

iShares iBonds Dec 2032 Term Treasury ETF Trading Down 0.1 %

Shares of NASDAQ IBTM traded down $0.02 during trading on Thursday, reaching $22.67. The stock had a trading volume of 28,170 shares, compared to its average volume of 50,822. iShares iBonds Dec 2032 Term Treasury ETF has a fifty-two week low of $21.32 and a fifty-two week high of $24.23. The business’s 50-day moving average price is $22.66 and its 200-day moving average price is $22.43.

iShares iBonds Dec 2032 Term Treasury ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 7th. Investors of record on Monday, March 4th were issued a $0.0682 dividend. The ex-dividend date of this dividend was Friday, March 1st. This represents a $0.82 dividend on an annualized basis and a yield of 3.61%.

About iShares iBonds Dec 2032 Term Treasury ETF

The iShares iBonds Dec 2032 Term Treasury ETF (IBTM) is an exchange-traded fund that is based on the ICE 2032 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2032. The fund will terminate in December 2032. IBTM was launched on Jul 6, 2022 and is managed by BlackRock.