iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) Short Interest Update

iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 167,166 shares, a growth of 397.5% from the April 15th total of 33,598 shares. Based on an average daily trading volume, of 228,240 shares, the days-to-cover ratio is presently 0.7 days. Currently, 1.9% of the company’s shares are sold short.

iShares iBonds Dec 2035 Term Treasury ETF Price Performance

IBTQ stock remained flat at $24.98 during mid-day trading on Thursday. 68,004 shares of the company’s stock traded hands, compared to its average volume of 80,162. iShares iBonds Dec 2035 Term Treasury ETF has a one year low of $24.56 and a one year high of $26.00. The firm’s 50-day simple moving average is $25.27 and its two-hundred day simple moving average is $25.47.

iShares iBonds Dec 2035 Term Treasury ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were given a dividend of $0.0641 per share. This represents a c) annualized dividend and a dividend yield of 3.1%. The ex-dividend date was Friday, May 1st.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Atlantic Private Wealth LLC purchased a new stake in iShares iBonds Dec 2035 Term Treasury ETF during the 4th quarter worth about $86,000. Reliant Wealth Planning purchased a new stake in shares of iShares iBonds Dec 2035 Term Treasury ETF during the 3rd quarter worth approximately $393,000. Finally, Flow Traders U.S. LLC acquired a new position in shares of iShares iBonds Dec 2035 Term Treasury ETF in the 3rd quarter valued at $603,000.

About iShares iBonds Dec 2035 Term Treasury ETF

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.