Short Interest in iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Declines By 24.3%

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) was the target of a large decline in short interest in January. As of January 31st, there was short interest totalling 118,100 shares, a decline of 24.3% from the January 15th total of 156,100 shares. Based on an average trading volume of 307,200 shares, the short-interest ratio is currently 0.4 days.

iShares iBonds Dec 2028 Term Treasury ETF Price Performance

IBTI opened at $21.95 on Friday. iShares iBonds Dec 2028 Term Treasury ETF has a 1 year low of $21.47 and a 1 year high of $22.61. The stock has a fifty day moving average price of $21.91 and a 200 day moving average price of $22.13.

iShares iBonds Dec 2028 Term Treasury ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.0752 per share. The ex-dividend date was Monday, February 3rd. This is an increase from iShares iBonds Dec 2028 Term Treasury ETF’s previous dividend of $0.07.

Institutional Trading of iShares iBonds Dec 2028 Term Treasury ETF

A number of institutional investors and hedge funds have recently modified their holdings of IBTI. OLD Point Trust & Financial Services N A bought a new position in iShares iBonds Dec 2028 Term Treasury ETF in the 4th quarter worth $25,000. OLD Second National Bank of Aurora bought a new stake in iShares iBonds Dec 2028 Term Treasury ETF during the 4th quarter valued at approximately $40,000. PSI Advisors LLC acquired a new stake in iShares iBonds Dec 2028 Term Treasury ETF during the fourth quarter worth $42,000. Bank of Jackson Hole Trust acquired a new position in shares of iShares iBonds Dec 2028 Term Treasury ETF in the 4th quarter valued at $42,000. Finally, Kohmann Bosshard Financial Services LLC bought a new position in shares of iShares iBonds Dec 2028 Term Treasury ETF during the 4th quarter worth about $47,000.

iShares iBonds Dec 2028 Term Treasury ETF Company Profile

The iShares iBonds Dec 2028 Term Treasury ETF (IBTI) is an exchange-traded fund that is based on the ICE 2028 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2028. The fund will terminate in December 2028. IBTI was launched on Feb 25, 2020 and is managed by BlackRock.