iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Sees Large Increase in Short Interest

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) saw a significant growth in short interest in November. As of November 30th, there was short interest totalling 72,500 shares, a growth of 40.0% from the November 15th total of 51,800 shares. Based on an average daily volume of 224,400 shares, the short-interest ratio is currently 0.3 days.

iShares iBonds Dec 2027 Term Treasury ETF Stock Performance

iShares iBonds Dec 2027 Term Treasury ETF stock opened at $22.22 on Friday. iShares iBonds Dec 2027 Term Treasury ETF has a fifty-two week low of $21.79 and a fifty-two week high of $22.69. The firm’s 50-day simple moving average is $22.29 and its 200 day simple moving average is $22.31.

iShares iBonds Dec 2027 Term Treasury ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, December 2nd were issued a $0.0736 dividend. The ex-dividend date was Monday, December 2nd.

Institutional Trading of iShares iBonds Dec 2027 Term Treasury ETF

A number of institutional investors and hedge funds have recently modified their holdings of IBTH. Eastern Bank purchased a new stake in iShares iBonds Dec 2027 Term Treasury ETF during the third quarter worth about $26,000. Hills Bank & Trust Co grew its position in shares of iShares iBonds Dec 2027 Term Treasury ETF by 15.1% during the 2nd quarter. Hills Bank & Trust Co now owns 9,116 shares of the company’s stock valued at $201,000 after acquiring an additional 1,198 shares during the period. Horizons Wealth Management increased its stake in shares of iShares iBonds Dec 2027 Term Treasury ETF by 270.1% during the 2nd quarter. Horizons Wealth Management now owns 9,466 shares of the company’s stock worth $210,000 after purchasing an additional 6,908 shares during the last quarter. Mascoma Wealth Management LLC increased its stake in shares of iShares iBonds Dec 2027 Term Treasury ETF by 4.1% during the 2nd quarter. Mascoma Wealth Management LLC now owns 11,484 shares of the company’s stock worth $254,000 after purchasing an additional 456 shares during the last quarter. Finally, Heartland Bank & Trust Co bought a new stake in shares of iShares iBonds Dec 2027 Term Treasury ETF in the 3rd quarter worth approximately $268,000.

About iShares iBonds Dec 2027 Term Treasury ETF

The iShares iBonds Dec 2027 Term Treasury ETF (IBTH) is an exchange-traded fund that is based on the ICE 2027 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2027. The fund will terminate in December 2027. IBTH was launched on Feb 25, 2020 and is managed by BlackRock.