iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) Short Interest Update

iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totaling 63,985 shares, a growth of 105.1% from the April 15th total of 31,190 shares. Based on an average daily trading volume, of 80,872 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.6% of the company’s stock are sold short.

Hedge Funds Weigh In On iShares iBonds Dec 2034 Term Treasury ETF

A number of hedge funds have recently bought and sold shares of IBTP. Dearborn Partners LLC acquired a new position in iShares iBonds Dec 2034 Term Treasury ETF in the fourth quarter worth about $206,000. Thoroughbred Financial Services LLC acquired a new position in iShares iBonds Dec 2034 Term Treasury ETF in the third quarter worth about $233,000. Flow Traders U.S. LLC acquired a new position in iShares iBonds Dec 2034 Term Treasury ETF in the third quarter worth about $389,000. United Capital Financial Advisors LLC grew its stake in iShares iBonds Dec 2034 Term Treasury ETF by 43.6% in the third quarter. United Capital Financial Advisors LLC now owns 60,275 shares of the company’s stock worth $1,562,000 after purchasing an additional 18,300 shares in the last quarter. Finally, Atlantic Private Wealth LLC grew its stake in iShares iBonds Dec 2034 Term Treasury ETF by 24.4% in the third quarter. Atlantic Private Wealth LLC now owns 219,045 shares of the company’s stock worth $5,675,000 after purchasing an additional 42,927 shares in the last quarter.

iShares iBonds Dec 2034 Term Treasury ETF Stock Down 0.8%

NASDAQ:IBTP traded down $0.19 during mid-day trading on Friday, reaching $25.13. The stock had a trading volume of 78,313 shares, compared to its average volume of 47,125. iShares iBonds Dec 2034 Term Treasury ETF has a 1-year low of $24.96 and a 1-year high of $26.32. The stock’s 50 day simple moving average is $25.60 and its two-hundred day simple moving average is $25.81.

iShares iBonds Dec 2034 Term Treasury ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were paid a $0.0805 dividend. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date was Friday, May 1st.

iShares iBonds Dec 2034 Term Treasury ETF Company Profile

The iShares iBonds Dec 2034 Term Treasury ETF (IBTP) is an exchange-traded fund that is based on the ICE 2034 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2034. The fund will terminate in December 2034. IBTP was launched on Jun 11, 2024 and is issued by BlackRock.