Short Interest in iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Expands By 116.6%

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) saw a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 36,600 shares, a growth of 116.6% from the March 31st total of 16,900 shares. Based on an average daily volume of 139,200 shares, the short-interest ratio is currently 0.3 days.

iShares iBonds Dec 2028 Term Treasury ETF Stock Performance

Shares of IBTI stock traded up $0.02 during mid-day trading on Friday, hitting $21.55. 98,404 shares of the stock traded hands, compared to its average volume of 143,663. The stock’s fifty day moving average is $21.80 and its two-hundred day moving average is $21.84. iShares iBonds Dec 2028 Term Treasury ETF has a 52-week low of $21.21 and a 52-week high of $22.85.

iShares iBonds Dec 2028 Term Treasury ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a dividend of $0.0734 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $0.88 dividend on an annualized basis and a dividend yield of 4.09%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Bogart Wealth LLC acquired a new position in iShares iBonds Dec 2028 Term Treasury ETF in the 4th quarter valued at about $76,000. Private Trust Co. NA purchased a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF during the fourth quarter worth approximately $126,000. KPP Advisory Services LLC purchased a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF during the third quarter worth approximately $211,000. WASHINGTON TRUST Co acquired a new position in iShares iBonds Dec 2028 Term Treasury ETF during the first quarter worth $222,000. Finally, JDM Financial Group LLC grew its holdings in iShares iBonds Dec 2028 Term Treasury ETF by 101.3% in the third quarter. JDM Financial Group LLC now owns 18,592 shares of the company’s stock valued at $401,000 after purchasing an additional 9,355 shares during the last quarter.

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.