iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Sees Significant Decline in Short Interest

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) saw a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 18,300 shares, a decline of 70.7% from the January 31st total of 62,500 shares. Based on an average daily trading volume, of 99,200 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of iShares iBonds Dec 2032 Term Treasury ETF

Several institutional investors have recently added to or reduced their stakes in IBTM. Ameriprise Financial Inc. acquired a new stake in iShares iBonds Dec 2032 Term Treasury ETF in the fourth quarter valued at $4,598,000. Flow Traders U.S. LLC raised its holdings in iShares iBonds Dec 2032 Term Treasury ETF by 56.3% in the third quarter. Flow Traders U.S. LLC now owns 64,526 shares of the company’s stock valued at $1,515,000 after acquiring an additional 23,255 shares in the last quarter. Cary Street Partners Financial LLC acquired a new stake in shares of iShares iBonds Dec 2032 Term Treasury ETF during the fourth quarter worth $305,000. AllSquare Wealth Management LLC raised its holdings in shares of iShares iBonds Dec 2032 Term Treasury ETF by 759.8% during the fourth quarter. AllSquare Wealth Management LLC now owns 10,920 shares of the company’s stock worth $242,000 after purchasing an additional 9,650 shares during the period. Finally, Confluence Investment Management LLC raised its holdings in shares of iShares iBonds Dec 2032 Term Treasury ETF by 1.8% during the fourth quarter. Confluence Investment Management LLC now owns 426,060 shares of the company’s stock worth $9,459,000 after purchasing an additional 7,465 shares during the period.

iShares iBonds Dec 2032 Term Treasury ETF Price Performance

IBTM traded up $0.14 during trading on Friday, hitting $22.85. 69,985 shares of the company’s stock were exchanged, compared to its average volume of 123,638. The stock has a 50 day moving average price of $22.28 and a 200 day moving average price of $22.73. iShares iBonds Dec 2032 Term Treasury ETF has a 1 year low of $21.84 and a 1 year high of $23.75.

iShares iBonds Dec 2032 Term Treasury ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a $0.073 dividend. The ex-dividend date was Monday, February 3rd. This is an increase from iShares iBonds Dec 2032 Term Treasury ETF’s previous dividend of $0.07.

About iShares iBonds Dec 2032 Term Treasury ETF

The iShares iBonds Dec 2032 Term Treasury ETF (IBTM) is an exchange-traded fund that is based on the ICE 2032 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2032. The fund will terminate in December 2032. IBTM was launched on Jul 6, 2022 and is managed by BlackRock.