iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) Short Interest Update

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) saw a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 120,200 shares, an increase of 21.6% from the January 29th total of 98,811 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily volume of 204,064 shares, the short-interest ratio is presently 0.6 days. Based on an average daily volume of 204,064 shares, the short-interest ratio is presently 0.6 days. Approximately 0.5% of the shares of the company are sold short.

iShares iBonds Dec 2031 Term Treasury ETF Stock Down 0.1%

NASDAQ:IBTL opened at $20.63 on Wednesday. The company has a 50 day simple moving average of $20.56 and a two-hundred day simple moving average of $20.58. iShares iBonds Dec 2031 Term Treasury ETF has a 12 month low of $19.93 and a 12 month high of $20.81.

iShares iBonds Dec 2031 Term Treasury ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd will be issued a $0.0615 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.6%.

Institutional Investors Weigh In On iShares iBonds Dec 2031 Term Treasury ETF

Several hedge funds and other institutional investors have recently made changes to their positions in IBTL. NewEdge Advisors LLC boosted its holdings in shares of iShares iBonds Dec 2031 Term Treasury ETF by 12.2% in the fourth quarter. NewEdge Advisors LLC now owns 608,344 shares of the company’s stock worth $12,486,000 after buying an additional 66,272 shares during the last quarter. Captrust Financial Advisors bought a new position in iShares iBonds Dec 2031 Term Treasury ETF in the fourth quarter worth approximately $398,000. Boston Family Office LLC boosted its stake in shares of iShares iBonds Dec 2031 Term Treasury ETF by 10.8% during the 4th quarter. Boston Family Office LLC now owns 105,256 shares of the company’s stock worth $2,160,000 after acquiring an additional 10,227 shares during the last quarter. Reliant Wealth Planning grew its position in shares of iShares iBonds Dec 2031 Term Treasury ETF by 16.8% during the 4th quarter. Reliant Wealth Planning now owns 16,898 shares of the company’s stock valued at $347,000 after acquiring an additional 2,428 shares during the period. Finally, Titleist Asset Management LLC bought a new stake in shares of iShares iBonds Dec 2031 Term Treasury ETF during the 4th quarter valued at $304,000.

iShares iBonds Dec 2031 Term Treasury ETF Company Profile

The iShares iBonds Dec 2031 Term Treasury ETF (IBTL) is an exchange-traded fund that is based on the ICE 2031 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2031. The fund will terminate in December 2031. IBTL was launched on Jul 13, 2021 and is managed by BlackRock.