Short Interest in iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE) Rises By 91.2%

iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE) was the target of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 45,500 shares, an increase of 91.2% from the October 31st total of 23,800 shares. Based on an average daily trading volume, of 921,800 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On iShares iBonds Dec 2024 Term Treasury ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Flow Traders U.S. LLC grew its position in iShares iBonds Dec 2024 Term Treasury ETF by 1,030.8% during the third quarter. Flow Traders U.S. LLC now owns 358,600 shares of the company’s stock valued at $8,606,000 after buying an additional 326,889 shares during the period. Kennebec Savings Bank purchased a new stake in shares of iShares iBonds Dec 2024 Term Treasury ETF during the 3rd quarter worth about $41,000. Janney Montgomery Scott LLC grew its position in shares of iShares iBonds Dec 2024 Term Treasury ETF by 0.5% during the 3rd quarter. Janney Montgomery Scott LLC now owns 202,536 shares of the company’s stock valued at $4,861,000 after acquiring an additional 954 shares during the period. PSI Advisors LLC increased its stake in shares of iShares iBonds Dec 2024 Term Treasury ETF by 2.2% in the 3rd quarter. PSI Advisors LLC now owns 288,235 shares of the company’s stock valued at $6,918,000 after purchasing an additional 6,173 shares in the last quarter. Finally, Eastern Bank purchased a new position in shares of iShares iBonds Dec 2024 Term Treasury ETF in the 3rd quarter valued at about $108,000.

iShares iBonds Dec 2024 Term Treasury ETF Stock Up 0.0 %

Shares of IBTE traded up $0.01 during mid-day trading on Thursday, reaching $23.97. The company had a trading volume of 252,808 shares, compared to its average volume of 696,544. iShares iBonds Dec 2024 Term Treasury ETF has a 52-week low of $23.79 and a 52-week high of $24.01. The stock has a 50 day moving average of $23.95 and a two-hundred day moving average of $23.94.

iShares iBonds Dec 2024 Term Treasury ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a $0.1004 dividend. The ex-dividend date of this dividend was Friday, November 1st.

iShares iBonds Dec 2024 Term Treasury ETF Company Profile

The iShares iBonds Dec 2024 Term Treasury ETF (IBTE) is an exchange-traded fund that is based on the ICE 2024 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2024. The fund will terminate in December 2024. IBTE was launched on Feb 25, 2020 and is managed by BlackRock.