iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) Short Interest Up 194.5% in January

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) was the target of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 80,100 shares, an increase of 194.5% from the January 15th total of 27,200 shares. Based on an average daily volume of 95,300 shares, the days-to-cover ratio is presently 0.8 days.

iShares iBonds Dec 2031 Term Treasury ETF Stock Performance

IBTL traded down $0.12 during trading on Wednesday, reaching $19.73. 74,317 shares of the company were exchanged, compared to its average volume of 125,851. iShares iBonds Dec 2031 Term Treasury ETF has a 12-month low of $19.47 and a 12-month high of $20.99. The company’s 50-day moving average is $19.85 and its two-hundred day moving average is $20.25.

iShares iBonds Dec 2031 Term Treasury ETF Cuts Dividend

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

Institutional Investors Weigh In On iShares iBonds Dec 2031 Term Treasury ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bogart Wealth LLC bought a new stake in shares of iShares iBonds Dec 2031 Term Treasury ETF in the 4th quarter worth $44,000. Atlantic Private Wealth LLC raised its holdings in shares of iShares iBonds Dec 2031 Term Treasury ETF by 24.5% during the 4th quarter. Atlantic Private Wealth LLC now owns 52,932 shares of the company’s stock worth $1,048,000 after acquiring an additional 10,422 shares in the last quarter. Finally, Boston Family Office LLC boosted its stake in shares of iShares iBonds Dec 2031 Term Treasury ETF by 7.4% during the 3rd quarter. Boston Family Office LLC now owns 69,665 shares of the company’s stock worth $1,450,000 after purchasing an additional 4,772 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.