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

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 321,887 shares, an increase of 173.6% from the June 15th total of 117,658 shares. Based on an average daily trading volume, of 338,981 shares, the short-interest ratio is currently 0.9 days. Currently, 1.1% of the company’s stock are short sold.

iShares iBonds Dec 2031 Term Treasury ETF Trading Down 0.3%

iShares iBonds Dec 2031 Term Treasury ETF stock opened at $20.00 on Tuesday. iShares iBonds Dec 2031 Term Treasury ETF has a 52-week low of $19.99 and a 52-week high of $20.81. The company’s 50 day moving average is $20.14 and its two-hundred day moving average is $20.36.

iShares iBonds Dec 2031 Term Treasury ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.0618 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

Institutional Trading of iShares iBonds Dec 2031 Term Treasury ETF

Several hedge funds have recently modified their holdings of IBTL. Integrated Wealth Concepts LLC grew its stake in iShares iBonds Dec 2031 Term Treasury ETF by 3.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 26,370 shares of the company’s stock worth $536,000 after purchasing an additional 822 shares in the last quarter. Ameriprise Financial Inc. raised its position in iShares iBonds Dec 2031 Term Treasury ETF by 40.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 495,443 shares of the company’s stock valued at $10,174,000 after purchasing an additional 141,988 shares in the last quarter. United Capital Financial Advisors LLC raised its position in iShares iBonds Dec 2031 Term Treasury ETF by 64.5% in the 3rd quarter. United Capital Financial Advisors LLC now owns 224,705 shares of the company’s stock valued at $4,622,000 after purchasing an additional 88,097 shares in the last quarter. NewEdge Advisors LLC boosted its stake in shares of iShares iBonds Dec 2031 Term Treasury ETF by 9,036.6% in the 3rd quarter. NewEdge Advisors LLC now owns 542,072 shares of the company’s stock valued at $11,150,000 after buying an additional 536,139 shares during the period. Finally, Confluence Investment Management LLC boosted its stake in shares of iShares iBonds Dec 2031 Term Treasury ETF by 58.1% in the 4th quarter. Confluence Investment Management LLC now owns 469,677 shares of the company’s stock valued at $9,640,000 after buying an additional 172,520 shares during the period.

About iShares iBonds Dec 2031 Term Treasury ETF

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.