iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Short Interest Update

Posted by Tech Dows on Nov 19th, 2024

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM – Get Free Report) was the recipient of a significant decline in short interest in October. As of October 31st, there was short interest totalling 32,700 shares, a decline of 8.1% from the October 15th total of 35,600 shares. Based on an average daily trading volume, of 50,700 shares, the days-to-cover ratio is presently 0.6 days.

iShares iBonds Dec 2032 Term Treasury ETF Trading Up 0.2 %

Shares of NASDAQ:IBTM traded up $0.04 during midday trading on Monday, hitting $22.43. 28,245 shares of the stock were exchanged, compared to its average volume of 42,528. iShares iBonds Dec 2032 Term Treasury ETF has a twelve month low of $21.84 and a twelve month high of $23.75. The company has a 50 day moving average price of $23.04 and a 200-day moving average price of $22.82.

iShares iBonds Dec 2032 Term Treasury ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a $0.0732 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $0.88 annualized dividend and a yield of 3.92%.

Hedge Funds Weigh In On iShares iBonds Dec 2032 Term Treasury ETF

A hedge fund recently bought a new stake in iShares iBonds Dec 2032 Term Treasury ETF stock. Comerica Bank purchased a new position in shares of iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM – Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,335 shares of the company’s stock, valued at approximately $30,000.

About iShares iBonds Dec 2032 Term Treasury ETF

(Get Free Report)

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.