iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Sees Significant Decrease in Short Interest
by Doug Wharley · The Cerbat GemiShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH – Get Free Report) was the recipient of a large drop in short interest during the month of March. As of March 31st, there was short interest totaling 274,603 shares, a drop of 42.8% from the March 15th total of 479,913 shares. Based on an average daily volume of 410,980 shares, the short-interest ratio is currently 0.7 days. Currently, 0.3% of the company’s shares are short sold.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in IBTH. Thoroughbred Financial Services LLC grew its position in iShares iBonds Dec 2027 Term Treasury ETF by 0.9% during the fourth quarter. Thoroughbred Financial Services LLC now owns 99,574 shares of the company’s stock worth $2,237,000 after buying an additional 891 shares during the period. Beese Fulmer Investment Management Inc. grew its holdings in iShares iBonds Dec 2027 Term Treasury ETF by 11.5% during the 3rd quarter. Beese Fulmer Investment Management Inc. now owns 10,104 shares of the company’s stock valued at $228,000 after purchasing an additional 1,040 shares in the last quarter. Gould Asset Management LLC CA grew its holdings in iShares iBonds Dec 2027 Term Treasury ETF by 1.4% during the 3rd quarter. Gould Asset Management LLC CA now owns 94,610 shares of the company’s stock valued at $2,131,000 after purchasing an additional 1,325 shares in the last quarter. Opus Capital Group LLC grew its holdings in iShares iBonds Dec 2027 Term Treasury ETF by 9.2% during the 4th quarter. Opus Capital Group LLC now owns 15,782 shares of the company’s stock valued at $355,000 after purchasing an additional 1,332 shares in the last quarter. Finally, Horizons Wealth Management grew its holdings in iShares iBonds Dec 2027 Term Treasury ETF by 3.2% during the 4th quarter. Horizons Wealth Management now owns 46,266 shares of the company’s stock valued at $1,040,000 after purchasing an additional 1,451 shares in the last quarter.
iShares iBonds Dec 2027 Term Treasury ETF Stock Performance
iShares iBonds Dec 2027 Term Treasury ETF stock remained flat at $22.40 during trading on Monday. 139,542 shares of the company traded hands, compared to its average volume of 486,886. iShares iBonds Dec 2027 Term Treasury ETF has a 12-month low of $22.30 and a 12-month high of $22.57. The company has a fifty day simple moving average of $22.44 and a 200 day simple moving average of $22.47.
iShares iBonds Dec 2027 Term Treasury ETF Increases Dividend
The firm also recently declared a monthly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st were paid a $0.0711 dividend. This represents a c) annualized dividend and a dividend yield of 3.8%. This is a positive change from iShares iBonds Dec 2027 Term Treasury ETF’s previous monthly dividend of $0.06. The ex-dividend date was Wednesday, April 1st.
About iShares iBonds Dec 2027 Term Treasury ETF
The iShares iBonds Dec 2027 Term Treasury ETF (IBTH) is an exchange-traded fund that is based on the ICE 2027 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2027. The fund will terminate in December 2027. IBTH was launched on Feb 25, 2020 and is managed by BlackRock.