iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE) Short Interest Up 209.1% in October

iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE) was the recipient of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 23,800 shares, a growth of 209.1% from the October 15th total of 7,700 shares. Based on an average daily volume of 917,800 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of iShares iBonds Dec 2024 Term Treasury ETF

A number of hedge funds and other institutional investors have recently modified their holdings of IBTE. Portland Global Advisors LLC bought a new stake in shares of iShares iBonds Dec 2024 Term Treasury ETF during the 1st quarter worth $1,130,000. JDM Financial Group LLC raised its position in shares of iShares iBonds Dec 2024 Term Treasury ETF by 12.4% in the 1st quarter. JDM Financial Group LLC now owns 19,093 shares of the company’s stock worth $457,000 after acquiring an additional 2,104 shares in the last quarter. Captrust Financial Advisors raised its holdings in iShares iBonds Dec 2024 Term Treasury ETF by 12.4% in the 1st quarter. Captrust Financial Advisors now owns 21,426,891 shares of the company’s stock worth $512,960,000 after purchasing an additional 2,356,332 shares during the period. Montecito Bank & Trust boosted its position in shares of iShares iBonds Dec 2024 Term Treasury ETF by 1.0% during the second quarter. Montecito Bank & Trust now owns 46,649 shares of the company’s stock worth $1,119,000 after buying an additional 460 shares during the period. Finally, PSI Advisors LLC lifted its position in iShares iBonds Dec 2024 Term Treasury ETF by 70.4% during the 2nd quarter. PSI Advisors LLC now owns 282,062 shares of the company’s stock worth $6,764,000 after acquiring an additional 116,516 shares during the period.

iShares iBonds Dec 2024 Term Treasury ETF Stock Performance

NASDAQ IBTE traded up $0.01 on Thursday, reaching $23.93. 593,597 shares of the company were exchanged, compared to its average volume of 706,531. The business’s fifty day moving average price is $23.94 and its 200 day moving average price is $23.94. iShares iBonds Dec 2024 Term Treasury ETF has a fifty-two week low of $23.79 and a fifty-two week high of $24.01.

iShares iBonds Dec 2024 Term Treasury ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a $0.1004 dividend. The ex-dividend date was Friday, November 1st.

About iShares iBonds Dec 2024 Term Treasury ETF

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.