iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Short Interest Update
by Jessica Moore · The Cerbat GemiShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI – Get Free Report) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totaling 235,499 shares, an increase of 47.7% from the March 15th total of 159,414 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 442,693 shares, the days-to-cover ratio is currently 0.5 days.
iShares iBonds Dec 2028 Term Treasury ETF Stock Performance
NASDAQ:IBTI traded down $0.01 during mid-day trading on Wednesday, hitting $22.25. The company’s stock had a trading volume of 261,222 shares, compared to its average volume of 399,909. iShares iBonds Dec 2028 Term Treasury ETF has a fifty-two week low of $22.09 and a fifty-two week high of $22.49. The stock has a fifty day moving average of $22.32 and a 200-day moving average of $22.36.
iShares iBonds Dec 2028 Term Treasury ETF Increases Dividend
The business also recently announced a monthly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st were issued a $0.0689 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Wednesday, April 1st. This is a boost from iShares iBonds Dec 2028 Term Treasury ETF’s previous monthly dividend of $0.06.
Institutional Trading of iShares iBonds Dec 2028 Term Treasury ETF
Several institutional investors have recently bought and sold shares of the stock. United Capital Financial Advisors LLC grew its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 63.9% in the 3rd quarter. United Capital Financial Advisors LLC now owns 797,841 shares of the company’s stock worth $17,860,000 after purchasing an additional 310,968 shares during the last quarter. Integrated Wealth Concepts LLC boosted its position in iShares iBonds Dec 2028 Term Treasury ETF by 34.4% in the fourth quarter. Integrated Wealth Concepts LLC now owns 588,449 shares of the company’s stock valued at $13,161,000 after buying an additional 150,727 shares in the last quarter. Ameriprise Financial Inc. grew its stake in iShares iBonds Dec 2028 Term Treasury ETF by 70.7% during the third quarter. Ameriprise Financial Inc. now owns 371,121 shares of the company’s stock worth $8,290,000 after buying an additional 153,700 shares during the last quarter. NewEdge Advisors LLC grew its stake in iShares iBonds Dec 2028 Term Treasury ETF by 3.8% during the fourth quarter. NewEdge Advisors LLC now owns 335,732 shares of the company’s stock worth $7,509,000 after buying an additional 12,369 shares during the last quarter. Finally, Titleist Asset Management LLC increased its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 0.8% during the fourth quarter. Titleist Asset Management LLC now owns 300,987 shares of the company’s stock worth $6,732,000 after buying an additional 2,282 shares in the last quarter.
About iShares iBonds Dec 2028 Term Treasury ETF
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.