iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) Sees Large Drop in Short Interest

iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) was the recipient of a significant decline in short interest in August. As of August 14th, there was short interest totaling 15,455 shares, a decline of 77.7% from the July 30th total of 69,322 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 46,353 shares, the short-interest ratio is presently 0.3 days.

iShares iBonds Dec 2034 Term Treasury ETF Price Performance

iShares iBonds Dec 2034 Term Treasury ETF stock traded down $0.02 during mid-day trading on Thursday, reaching $25.05. 44,616 shares of the company’s stock were exchanged, compared to its average volume of 50,219. iShares iBonds Dec 2034 Term Treasury ETF has a twelve month low of $24.92 and a twelve month high of $26.32. The company has a fifty day moving average of $25.12 and a 200-day moving average of $25.43.

iShares iBonds Dec 2034 Term Treasury ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were given a dividend of $0.0862 per share. This is an increase from iShares iBonds Dec 2034 Term Treasury ETF’s previous dividend of $0.09. The ex-dividend date of this dividend was Monday, August 3rd.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Confluence Investment Management LLC increased its holdings in iShares iBonds Dec 2034 Term Treasury ETF by 5.0% during the 2nd quarter. Confluence Investment Management LLC now owns 965,101 shares of the company’s stock worth $24,499,000 after purchasing an additional 45,923 shares during the period. Atlantic Union Bankshares Corp boosted its stake in shares of iShares iBonds Dec 2034 Term Treasury ETF by 32.6% in the 4th quarter. Atlantic Union Bankshares Corp now owns 1,272,993 shares of the company’s stock valued at $32,855,000 after buying an additional 313,063 shares during the period. Dearborn Partners LLC purchased a new position in shares of iShares iBonds Dec 2034 Term Treasury ETF in the 4th quarter valued at about $206,000. United Capital Financial Advisors LLC grew its position in shares of iShares iBonds Dec 2034 Term Treasury ETF by 43.6% during the third quarter. United Capital Financial Advisors LLC now owns 60,275 shares of the company’s stock worth $1,562,000 after buying an additional 18,300 shares in the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in shares of iShares iBonds Dec 2034 Term Treasury ETF during the third quarter worth about $389,000.

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.