Short Interest in iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Expands By 83.9%

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 379,827 shares, a growth of 83.9% from the May 14th total of 206,561 shares. Based on an average daily trading volume, of 416,763 shares, the short-interest ratio is presently 0.9 days. Approximately 0.4% of the shares of the stock are sold short.

iShares iBonds Dec 2027 Term Treasury ETF Stock Performance

Shares of IBTH opened at $22.36 on Wednesday. The company has a 50-day moving average of $22.38 and a two-hundred day moving average of $22.44. iShares iBonds Dec 2027 Term Treasury ETF has a 12-month low of $22.32 and a 12-month high of $22.55.

iShares iBonds Dec 2027 Term Treasury ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were given a dividend of $0.0705 per share. The ex-dividend date was Monday, June 1st. This is an increase from iShares iBonds Dec 2027 Term Treasury ETF’s previous monthly dividend of $0.07. This represents a c) dividend on an annualized basis and a yield of 3.8%.

Hedge Funds Weigh In On iShares iBonds Dec 2027 Term Treasury ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Princeton Global Asset Management LLC acquired a new position in iShares iBonds Dec 2027 Term Treasury ETF during the first quarter worth about $30,000. Kohmann Bosshard Financial Services LLC acquired a new position in iShares iBonds Dec 2027 Term Treasury ETF during the fourth quarter worth about $49,000. Beese Fulmer Investment Management Inc. raised its position in iShares iBonds Dec 2027 Term Treasury ETF by 11.5% during the third quarter. Beese Fulmer Investment Management Inc. now owns 10,104 shares of the company’s stock worth $228,000 after acquiring an additional 1,040 shares during the last quarter. Farther Finance Advisors LLC raised its position in shares of iShares iBonds Dec 2027 Term Treasury ETF by 2,031.8% in the fourth quarter. Farther Finance Advisors LLC now owns 10,254 shares of the company’s stock valued at $230,000 after buying an additional 9,773 shares during the last quarter. Finally, Blue Square Asset Management LLC acquired a new position in shares of iShares iBonds Dec 2027 Term Treasury ETF in the fourth quarter valued at approximately $250,000.

iShares iBonds Dec 2027 Term Treasury ETF Company Profile

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.