iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) Short Interest Up 89.4% in June

iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 59,378 shares, a growth of 89.4% from the May 31st total of 31,357 shares. Currently, 0.6% of the company’s shares are sold short. Based on an average daily trading volume, of 51,398 shares, the short-interest ratio is presently 1.2 days.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in IBTP. Dearborn Partners LLC bought a new position in shares of iShares iBonds Dec 2034 Term Treasury ETF in the 4th quarter valued at about $206,000. Flow Traders U.S. LLC bought a new position in iShares iBonds Dec 2034 Term Treasury ETF in the third quarter valued at approximately $389,000. United Capital Financial Advisors LLC boosted its stake in iShares iBonds Dec 2034 Term Treasury ETF by 43.6% in the third quarter. United Capital Financial Advisors LLC now owns 60,275 shares of the company’s stock valued at $1,562,000 after acquiring an additional 18,300 shares during the last quarter. Atlantic Private Wealth LLC grew its holdings in iShares iBonds Dec 2034 Term Treasury ETF by 7.2% during the 4th quarter. Atlantic Private Wealth LLC now owns 234,732 shares of the company’s stock worth $6,058,000 after acquiring an additional 15,687 shares during the period. Finally, Confluence Investment Management LLC grew its holdings in iShares iBonds Dec 2034 Term Treasury ETF by 11.4% during the 4th quarter. Confluence Investment Management LLC now owns 716,175 shares of the company’s stock worth $18,484,000 after acquiring an additional 73,471 shares during the period.

iShares iBonds Dec 2034 Term Treasury ETF Stock Down 0.5%

Shares of NASDAQ IBTP traded down $0.12 during midday trading on Wednesday, hitting $25.26. The stock had a trading volume of 17,455 shares, compared to its average volume of 50,337. iShares iBonds Dec 2034 Term Treasury ETF has a fifty-two week low of $24.98 and a fifty-two week high of $26.32. The company’s 50-day simple moving average is $25.36 and its 200 day simple moving average is $25.65.

iShares iBonds Dec 2034 Term Treasury ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were given a $0.086 dividend. The ex-dividend date was Monday, June 1st.

About iShares iBonds Dec 2034 Term Treasury ETF

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.