iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE) Short Interest Update

iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE – Get Rating) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totalling 713,900 shares, an increase of 20.4% from the April 15th total of 592,900 shares. Based on an average daily volume of 656,300 shares, the days-to-cover ratio is presently 1.1 days.

iShares iBonds Dec 2024 Term Treasury ETF Price Performance

Shares of iShares iBonds Dec 2024 Term Treasury ETF stock opened at $23.93 on Monday. iShares iBonds Dec 2024 Term Treasury ETF has a fifty-two week low of $23.66 and a fifty-two week high of $24.67. The business’s fifty day moving average is $23.95 and its two-hundred day moving average is $23.90.

iShares iBonds Dec 2024 Term Treasury ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, May 5th. Shareholders of record on Tuesday, May 2nd were paid a dividend of $0.08 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.01%. The ex-dividend date of this dividend was Monday, May 1st.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in IBTE. Captrust Financial Advisors purchased a new position in shares of iShares iBonds Dec 2024 Term Treasury ETF in the 4th quarter worth $308,071,000. Integrated Wealth Concepts LLC acquired a new stake in iShares iBonds Dec 2024 Term Treasury ETF in the 4th quarter valued at $7,022,000. Gateway Wealth Partners LLC acquired a new stake in iShares iBonds Dec 2024 Term Treasury ETF in the 4th quarter valued at $5,951,000. Atlantic Union Bankshares Corp acquired a new stake in iShares iBonds Dec 2024 Term Treasury ETF in the 1st quarter valued at $5,722,000. Finally, NewEdge Advisors LLC increased its holdings in iShares iBonds Dec 2024 Term Treasury ETF by 9.0% in the 1st quarter. NewEdge Advisors LLC now owns 2,052,665 shares of the company’s stock valued at $49,284,000 after purchasing an additional 169,675 shares in the last quarter.

iShares iBonds Dec 2024 Term Treasury ETF Company Profile

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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.