iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) Sees Large Decline in Short Interest

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) saw a significant decrease in short interest in February. As of February 15th, there was short interest totalling 52,100 shares, a decrease of 35.0% from the January 31st total of 80,100 shares. Based on an average daily volume of 97,600 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of IBTL. Bogart Wealth LLC acquired a new stake in shares of iShares iBonds Dec 2031 Term Treasury ETF in the fourth quarter worth approximately $44,000. Cary Street Partners Financial LLC acquired a new stake in iShares iBonds Dec 2031 Term Treasury ETF during the 4th quarter worth $391,000. Integrated Wealth Concepts LLC grew its holdings in shares of iShares iBonds Dec 2031 Term Treasury ETF by 23.5% during the fourth quarter. Integrated Wealth Concepts LLC now owns 25,548 shares of the company’s stock worth $506,000 after buying an additional 4,856 shares in the last quarter. Atlantic Private Wealth LLC raised its position in shares of iShares iBonds Dec 2031 Term Treasury ETF by 24.5% in the fourth quarter. Atlantic Private Wealth LLC now owns 52,932 shares of the company’s stock valued at $1,048,000 after buying an additional 10,422 shares during the last quarter. Finally, Boston Family Office LLC lifted its stake in shares of iShares iBonds Dec 2031 Term Treasury ETF by 7.4% in the third quarter. Boston Family Office LLC now owns 69,665 shares of the company’s stock worth $1,450,000 after buying an additional 4,772 shares in the last quarter.

iShares iBonds Dec 2031 Term Treasury ETF Price Performance

iShares iBonds Dec 2031 Term Treasury ETF stock opened at $20.28 on Friday. The company’s fifty day moving average price is $19.84 and its 200 day moving average price is $20.20. iShares iBonds Dec 2031 Term Treasury ETF has a 1 year low of $19.47 and a 1 year high of $20.99.

iShares iBonds Dec 2031 Term Treasury ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.0665 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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.