iShares iBonds Dec 2044 Term Treasury ETF (NASDAQ:IBGA) Sees Large Decrease in Short Interest

iShares iBonds Dec 2044 Term Treasury ETF (NASDAQ:IBGA) was the recipient of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 1,422 shares, a drop of 33.8% from the April 15th total of 2,149 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 7,098 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On iShares iBonds Dec 2044 Term Treasury ETF

A hedge fund recently raised its stake in iShares iBonds Dec 2044 Term Treasury ETF stock. Atlantic Union Bankshares Corp boosted its stake in shares of iShares iBonds Dec 2044 Term Treasury ETF (NASDAQ:IBGA) by 27.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 848,646 shares of the company’s stock after buying an additional 183,703 shares during the quarter. Atlantic Union Bankshares Corp owned approximately 26.94% of iShares iBonds Dec 2044 Term Treasury ETF worth $21,295,000 as of its most recent SEC filing.

iShares iBonds Dec 2044 Term Treasury ETF Stock Performance

iShares iBonds Dec 2044 Term Treasury ETF stock opened at $23.78 on Monday. The firm has a 50-day moving average price of $24.49 and a 200-day moving average price of $24.82. iShares iBonds Dec 2044 Term Treasury ETF has a 12-month low of $23.63 and a 12-month high of $25.70.

iShares iBonds Dec 2044 Term Treasury ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were issued a dividend of $0.0936 per share. The ex-dividend date was Friday, May 1st.

About iShares iBonds Dec 2044 Term Treasury ETF

The iShares iBonds Dec 2044 Term Treasury ETF (IBGA) is an exchange-traded fund that is based on the ICE 2044 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2044. The fund will terminate in December 2044. IBGA was launched on Jun 11, 2024 and is issued by BlackRock.