iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) Sees Large Increase in Short Interest

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 25,300 shares, an increase of 5.9% from the November 30th total of 23,900 shares. Based on an average trading volume of 53,300 shares, the short-interest ratio is currently 0.5 days.

iShares iBonds Dec 2031 Term Treasury ETF Price Performance

Shares of IBTL opened at $19.79 on Friday. iShares iBonds Dec 2031 Term Treasury ETF has a twelve month low of $19.47 and a twelve month high of $20.99. The firm has a 50 day moving average of $20.00 and a 200 day moving average of $20.30.

iShares iBonds Dec 2031 Term Treasury ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.0725 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $0.87 annualized dividend and a yield of 4.40%. This is a boost from iShares iBonds Dec 2031 Term Treasury ETF’s previous monthly dividend of $0.07.

Institutional Investors Weigh In On iShares iBonds Dec 2031 Term Treasury ETF

A hedge fund recently raised its stake in iShares iBonds Dec 2031 Term Treasury ETF stock. Boston Family Office LLC lifted its position in iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) by 7.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 69,665 shares of the company’s stock after buying an additional 4,772 shares during the period. Boston Family Office LLC owned approximately 0.58% of iShares iBonds Dec 2031 Term Treasury ETF worth $1,450,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

iShares iBonds Dec 2031 Term Treasury ETF Company Profile

The iShares iBonds Dec 2031 Term Treasury ETF (IBTL) is an exchange-traded fund that is based on the ICE 2031 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2031. The fund will terminate in December 2031. IBTL was launched on Jul 13, 2021 and is managed by BlackRock.