Short Interest in iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Decreases By 16.0%

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) was the target of a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 194,560 shares, a decrease of 16.0% from the February 12th total of 231,571 shares. Based on an average trading volume of 295,504 shares, the short-interest ratio is currently 0.7 days. Currently, 0.3% of the shares of the company are short sold. Currently, 0.3% of the shares of the company are short sold. Based on an average trading volume of 295,504 shares, the short-interest ratio is currently 0.7 days.

iShares iBonds Dec 2028 Term Treasury ETF Stock Performance

iShares iBonds Dec 2028 Term Treasury ETF stock traded up $0.01 during mid-day trading on Tuesday, reaching $22.32. The company had a trading volume of 164,044 shares, compared to its average volume of 381,554. The business has a fifty day simple moving average of $22.37 and a 200 day simple moving average of $22.38. iShares iBonds Dec 2028 Term Treasury ETF has a fifty-two week low of $22.09 and a fifty-two week high of $22.49.

iShares iBonds Dec 2028 Term Treasury ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a $0.064 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.4%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Titleist Asset Management LLC increased its stake in iShares iBonds Dec 2028 Term Treasury ETF by 14.5% during the 2nd quarter. Titleist Asset Management LLC now owns 292,439 shares of the company’s stock valued at $6,539,000 after purchasing an additional 37,050 shares in the last quarter. Boston Family Office LLC grew its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 36.0% during the second quarter. Boston Family Office LLC now owns 180,163 shares of the company’s stock valued at $4,028,000 after buying an additional 47,668 shares during the last quarter. Baird Financial Group Inc. increased its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 86.8% during the second quarter. Baird Financial Group Inc. now owns 124,018 shares of the company’s stock worth $2,773,000 after acquiring an additional 57,628 shares in the last quarter. RFP Financial Group LLC increased its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 11.1% during the second quarter. RFP Financial Group LLC now owns 29,674 shares of the company’s stock worth $664,000 after acquiring an additional 2,970 shares in the last quarter. Finally, Cary Street Partners Financial LLC raised its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 3.1% in the 2nd quarter. Cary Street Partners Financial LLC now owns 41,917 shares of the company’s stock worth $937,000 after acquiring an additional 1,261 shares during 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.