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

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) saw a significant decline in short interest in March. As of March 15th, there was short interest totalling 139,600 shares, a decline of 44.8% from the February 28th total of 252,700 shares. Based on an average daily volume of 472,700 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the company’s stock are sold short.

iShares iBonds Dec 2027 Term Treasury ETF Stock Up 0.2 %

IBTH stock traded up $0.05 on Friday, reaching $22.43. 204,693 shares of the company traded hands, compared to its average volume of 272,111. The firm has a fifty day simple moving average of $22.29 and a 200-day simple moving average of $22.31. iShares iBonds Dec 2027 Term Treasury ETF has a one year low of $21.79 and a one year high of $22.70.

iShares iBonds Dec 2027 Term Treasury ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a dividend of $0.0686 per share. The ex-dividend date of this dividend was Monday, March 3rd.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in IBTH. Integrated Wealth Concepts LLC boosted its holdings in shares of iShares iBonds Dec 2027 Term Treasury ETF by 59.7% in the third quarter. Integrated Wealth Concepts LLC now owns 811,921 shares of the company’s stock valued at $18,378,000 after purchasing an additional 303,365 shares during the period. Portland Global Advisors LLC purchased a new stake in iShares iBonds Dec 2027 Term Treasury ETF in the fourth quarter valued at approximately $2,140,000. Hughes Financial Services LLC acquired a new stake in iShares iBonds Dec 2027 Term Treasury ETF during the 4th quarter worth about $1,977,000. Captrust Financial Advisors lifted its stake in shares of iShares iBonds Dec 2027 Term Treasury ETF by 114.0% in the 4th quarter. Captrust Financial Advisors now owns 160,866 shares of the company’s stock valued at $3,571,000 after purchasing an additional 85,704 shares during the period. Finally, Boston Family Office LLC grew its holdings in iShares iBonds Dec 2027 Term Treasury ETF by 78.8% in the fourth quarter. Boston Family Office LLC now owns 180,267 shares of the company’s stock valued at $4,001,000 after purchasing an additional 79,423 shares during the period.

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.