iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) Short Interest Down 61.8% in June

iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) saw a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 22,689 shares, a decrease of 61.8% from the June 15th total of 59,378 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 69,667 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On iShares iBonds Dec 2034 Term Treasury ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IBTP. Atlantic Union Bankshares Corp grew its position in shares of iShares iBonds Dec 2034 Term Treasury ETF by 32.6% in the fourth quarter. Atlantic Union Bankshares Corp now owns 1,272,993 shares of the company’s stock valued at $32,855,000 after purchasing an additional 313,063 shares during the last quarter. Confluence Investment Management LLC raised its position in shares of 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 purchasing an additional 73,471 shares during the last quarter. United Capital Financial Advisors LLC lifted its stake in iShares iBonds Dec 2034 Term Treasury ETF by 43.6% in the 3rd quarter. United Capital Financial Advisors LLC now owns 60,275 shares of the company’s stock valued at $1,562,000 after buying an additional 18,300 shares in the last quarter. Atlantic Private Wealth LLC lifted its stake in iShares iBonds Dec 2034 Term Treasury ETF by 7.2% in the 4th quarter. Atlantic Private Wealth LLC now owns 234,732 shares of the company’s stock valued at $6,058,000 after buying an additional 15,687 shares in the last quarter. Finally, Dearborn Partners LLC acquired a new stake in iShares iBonds Dec 2034 Term Treasury ETF during the 4th quarter valued at $206,000.

iShares iBonds Dec 2034 Term Treasury ETF Trading Up 0.2%

Shares of IBTP stock traded up $0.06 during mid-day trading on Wednesday, reaching $25.19. The stock had a trading volume of 38,601 shares, compared to its average volume of 50,014. iShares iBonds Dec 2034 Term Treasury ETF has a 12-month low of $24.98 and a 12-month high of $26.32. The business has a 50-day simple moving average of $25.28 and a 200 day simple moving average of $25.60.

iShares iBonds Dec 2034 Term Treasury ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a $0.0855 dividend. The ex-dividend date of this dividend was Wednesday, July 1st.

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.