iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Short Interest Down 15.5% in March

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) was the recipient of a large drop in short interest in March. As of March 13th, there was short interest totaling 127,563 shares, a drop of 15.5% from the February 26th total of 151,011 shares. Based on an average daily volume of 79,740 shares, the short-interest ratio is currently 1.6 days. Approximately 0.7% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Thoroughbred Financial Services LLC increased its stake in iShares iBonds Dec 2033 Term Treasury ETF by 117.8% in the fourth quarter. Thoroughbred Financial Services LLC now owns 70,348 shares of the company’s stock valued at $1,727,000 after purchasing an additional 38,042 shares during the last quarter. Atlantic Union Bankshares Corp increased its holdings in iShares iBonds Dec 2033 Term Treasury ETF by 24.4% in the 4th quarter. Atlantic Union Bankshares Corp now owns 1,322,916 shares of the company’s stock valued at $32,484,000 after purchasing an additional 259,627 shares in the last quarter. Headland Capital LLC raised its holdings in shares of iShares iBonds Dec 2033 Term Treasury ETF by 2.9% during the 4th quarter. Headland Capital LLC now owns 303,888 shares of the company’s stock valued at $7,462,000 after buying an additional 8,552 shares during the period. United Capital Financial Advisors LLC raised its stake in shares of iShares iBonds Dec 2033 Term Treasury ETF by 43.5% during the third quarter. United Capital Financial Advisors LLC now owns 63,181 shares of the company’s stock valued at $1,557,000 after purchasing an additional 19,157 shares during the period. Finally, Ameriprise Financial Inc. acquired a new stake in iShares iBonds Dec 2033 Term Treasury ETF during the 3rd quarter valued at $2,554,000.

iShares iBonds Dec 2033 Term Treasury ETF Stock Up 0.6%

NASDAQ:IBTO opened at $24.33 on Tuesday. The stock has a fifty day simple moving average of $24.56 and a 200-day simple moving average of $24.64. iShares iBonds Dec 2033 Term Treasury ETF has a 52-week low of $23.75 and a 52-week high of $25.00.

iShares iBonds Dec 2033 Term Treasury ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.0758 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, March 2nd.

iShares iBonds Dec 2033 Term Treasury ETF Company Profile

The iShares iBonds Dec 2033 Term Treasury ETF (IBTO) is an exchange-traded fund that is based on the ICE 2033 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2033. The fund will terminate in December 2033. IBTO was launched on Jun 27, 2023 and is managed by BlackRock.