iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) Sees Large Growth in Short Interest

iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 44,497 shares, a growth of 986.1% from the December 15th total of 4,097 shares. Based on an average trading volume of 69,327 shares, the short-interest ratio is presently 0.6 days. Approximately 1.1% of the shares of the stock are short sold. Approximately 1.1% of the shares of the stock are short sold. Based on an average trading volume of 69,327 shares, the short-interest ratio is presently 0.6 days.

Institutional Trading of iShares iBonds Dec 2035 Term Treasury ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Reliant Wealth Planning purchased a new position in iShares iBonds Dec 2035 Term Treasury ETF during the third quarter valued at $393,000. Flow Traders U.S. LLC bought a new stake in shares of iShares iBonds Dec 2035 Term Treasury ETF during the 3rd quarter valued at $603,000. Finally, Confluence Investment Management LLC purchased a new position in shares of iShares iBonds Dec 2035 Term Treasury ETF during the 3rd quarter valued at $22,624,000.

iShares iBonds Dec 2035 Term Treasury ETF Trading Down 0.1%

IBTQ stock traded down $0.03 during mid-day trading on Monday, hitting $25.49. 23,919 shares of the stock were exchanged, compared to its average volume of 21,660. iShares iBonds Dec 2035 Term Treasury ETF has a 12 month low of $24.56 and a 12 month high of $26.00. The business has a fifty day moving average price of $25.58 and a 200 day moving average price of $25.44.

iShares iBonds Dec 2035 Term Treasury ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were given a $0.0687 dividend. The ex-dividend date was Friday, December 19th. This represents a c) annualized dividend and a yield of 3.2%.

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.