iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE) Sees Large Increase in Short Interest

by · The Cerbat Gem

iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE – Get Free Report) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 294,500 shares, an increase of 255.7% from the May 31st total of 82,800 shares. Based on an average daily volume of 517,700 shares, the days-to-cover ratio is presently 0.6 days.

iShares iBonds Dec 2024 Term Treasury ETF Stock Up 0.0 %

Shares of NASDAQ IBTE traded up $0.01 during midday trading on Friday, reaching $23.98. 247,701 shares of the company traded hands, compared to its average volume of 646,498. iShares iBonds Dec 2024 Term Treasury ETF has a 12 month low of $23.71 and a 12 month high of $23.98. The stock’s 50-day simple moving average is $23.92 and its 200-day simple moving average is $23.90.

iShares iBonds Dec 2024 Term Treasury ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, June 3rd were paid a $0.0927 dividend. This represents a $1.11 dividend on an annualized basis and a yield of 4.64%. The ex-dividend date was Monday, June 3rd.

Institutional Trading of iShares iBonds Dec 2024 Term Treasury ETF

Several hedge funds have recently modified their holdings of the stock. United Community Bank bought a new position in iShares iBonds Dec 2024 Term Treasury ETF in the 1st quarter valued at $48,000. Bogart Wealth LLC acquired a new position in shares of iShares iBonds Dec 2024 Term Treasury ETF in the 4th quarter valued at $69,000. WASHINGTON TRUST Co bought a new stake in shares of iShares iBonds Dec 2024 Term Treasury ETF in the 1st quarter valued at $72,000. First Horizon Advisors Inc. acquired a new stake in iShares iBonds Dec 2024 Term Treasury ETF during the 4th quarter worth $90,000. Finally, American National Bank & Trust Co. VA acquired a new stake in iShares iBonds Dec 2024 Term Treasury ETF during the 1st quarter worth $270,000.

iShares iBonds Dec 2024 Term Treasury ETF Company Profile

(Get Free Report)

The iShares iBonds Dec 2024 Term Treasury ETF (IBTE) is an exchange-traded fund that is based on the ICE 2024 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2024. The fund will terminate in December 2024. IBTE was launched on Feb 25, 2020 and is managed by BlackRock.

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