iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) Stock Short Interest Climbs 200.2%

iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 78,049 shares, a growth of 200.2% from the August 31st total of 25,996 shares. Currently, 0.7% of the company’s shares are sold short. Based on an average daily trading volume, of 125,337 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in iShares iBonds Dec 2035 Term Treasury ETF stock. Atlantic Private Wealth LLC increased its position in shares of iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) by 200.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 62,095 shares of the company’s stock after acquiring an additional 41,406 shares during the period. iShares iBonds Dec 2035 Term Treasury ETF comprises 0.9% of Atlantic Private Wealth LLC’s investment portfolio, making the stock its 18th biggest position. Atlantic Private Wealth LLC owned approximately 0.65% of iShares iBonds Dec 2035 Term Treasury ETF worth $1,558,000 at the end of the most recent quarter.

iShares iBonds Dec 2035 Term Treasury ETF Price Performance

Shares of IBTQ traded up $0.07 during trading on Friday, reaching $23.82. 45,198 shares of the company traded hands, compared to its average volume of 71,944. iShares iBonds Dec 2035 Term Treasury ETF has a twelve month low of $23.72 and a twelve month high of $26.00. The stock has a 50-day simple moving average of $24.48 and a 200-day simple moving average of $24.88.

iShares iBonds Dec 2035 Term Treasury ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were issued a $0.0861 dividend. This is a drop from iShares iBonds Dec 2035 Term Treasury ETF’s previous monthly dividend of $0.0882. The ex-dividend date was Tuesday, September 1st. This represents a $1.03 annualized dividend and a yield of 4.3%.

iShares iBonds Dec 2035 Term Treasury ETF Company Profile

iShares Trust – iShares iBonds Dec 2035 Term Treasury ETF is an exchange traded fund launched by BlackRock, Inc The fund is managed by BlackRock Fund Advisors. It invests in fixed income markets of the United States. The fund invests in in U.S. treasury bonds that have a fixed coupon schedule and are denominated in U.S. dollars. It invests in bonds that will mature between January 1, 2035 and December 15, 2035. The fund seeks to track the performance of the ICE 2035 Maturity US Treasury Index, by using representative sampling technique.