iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Short Interest Down 37.0% in March

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) saw a significant decline in short interest in March. As of March 15th, there was short interest totalling 85,400 shares, a decline of 37.0% from the February 28th total of 135,500 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 266,600 shares, the short-interest ratio is currently 0.3 days.

iShares iBonds Dec 2028 Term Treasury ETF Trading Up 0.3 %

Shares of IBTI stock traded up $0.07 during mid-day trading on Friday, hitting $22.24. 146,323 shares of the stock were exchanged, compared to its average volume of 204,102. iShares iBonds Dec 2028 Term Treasury ETF has a 52-week low of $21.47 and a 52-week high of $22.61. The firm has a fifty day moving average of $22.04 and a 200 day moving average of $22.07.

iShares iBonds Dec 2028 Term Treasury ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a dividend of $0.0667 per share. The ex-dividend date of this dividend was Monday, March 3rd.

Institutional Trading of iShares iBonds Dec 2028 Term Treasury ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Integrated Wealth Concepts LLC grew its stake in iShares iBonds Dec 2028 Term Treasury ETF by 45.4% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 73,145 shares of the company’s stock valued at $1,646,000 after acquiring an additional 22,855 shares during the period. PSI Advisors LLC acquired a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF in the fourth quarter valued at about $42,000. Pinnacle Bancorp Inc. increased its stake in shares of iShares iBonds Dec 2028 Term Treasury ETF by 41.3% during the fourth quarter. Pinnacle Bancorp Inc. now owns 14,127 shares of the company’s stock worth $309,000 after purchasing an additional 4,127 shares in the last quarter. Lbmc Investment Advisors LLC purchased a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF during the fourth quarter worth about $231,000. Finally, Janney Montgomery Scott LLC lifted its stake in iShares iBonds Dec 2028 Term Treasury ETF by 11.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 104,117 shares of the company’s stock valued at $2,281,000 after buying an additional 10,527 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.