Short Interest in iShares iBonds Dec 2055 Term Treasury ETF (NASDAQ:IBGL) Grows By 28.4%

iShares iBonds Dec 2055 Term Treasury ETF (NASDAQ:IBGL) saw a large growth in short interest in January. As of January 15th, there was short interest totaling 2,994 shares, a growth of 28.4% from the December 31st total of 2,331 shares. Approximately 1.5% of the company’s shares are short sold. Based on an average trading volume of 797 shares, the days-to-cover ratio is presently 3.8 days. Based on an average trading volume of 797 shares, the days-to-cover ratio is presently 3.8 days. Approximately 1.5% of the company’s shares are short sold.

iShares iBonds Dec 2055 Term Treasury ETF Trading Down 0.7%

NASDAQ:IBGL traded down $0.18 during trading hours on Monday, reaching $24.04. The company had a trading volume of 3,444 shares, compared to its average volume of 959. iShares iBonds Dec 2055 Term Treasury ETF has a twelve month low of $23.33 and a twelve month high of $26.00. The business’s 50-day simple moving average is $24.46 and its two-hundred day simple moving average is $24.58.

iShares iBonds Dec 2055 Term Treasury ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, February 5th. Investors of record on Monday, February 2nd will be given a $0.0954 dividend. The ex-dividend date of this dividend is Monday, February 2nd.

iShares iBonds Dec 2055 Term Treasury ETF Company Profile

iShares Trust – iShares iBonds Dec 2055 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, 2055 and December 15, 2055. The fund seeks to track the performance of the Bloomberg ICE 2055 Maturity US Treasury Index, by using representative sampling technique.