Short Interest in iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) Decreases By 77.7%

iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) was the recipient of a large decline in short interest in August. As of August 14th, there was short interest totaling 15,455 shares, a decline of 77.7% from the July 30th total of 69,322 shares. Based on an average daily trading volume, of 46,353 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Flow Traders U.S. LLC bought a new stake in shares of iShares iBonds Dec 2034 Term Treasury ETF during the 3rd quarter worth approximately $389,000. United Capital Financial Advisors LLC boosted its holdings in shares of 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 during the last quarter. Atlantic Union Bankshares Corp grew its stake 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 buying an additional 313,063 shares in the last quarter. Dearborn Partners LLC bought a new position in shares of iShares iBonds Dec 2034 Term Treasury ETF in the fourth quarter valued at $206,000. Finally, Atlantic Private Wealth LLC increased its holdings in iShares iBonds Dec 2034 Term Treasury ETF by 7.2% during the fourth quarter. Atlantic Private Wealth LLC now owns 234,732 shares of the company’s stock worth $6,058,000 after buying an additional 15,687 shares during the last quarter.

iShares iBonds Dec 2034 Term Treasury ETF Stock Performance

iShares iBonds Dec 2034 Term Treasury ETF stock opened at $24.94 on Friday. The firm has a 50-day moving average of $25.12 and a 200-day moving average of $25.43. iShares iBonds Dec 2034 Term Treasury ETF has a one year low of $24.92 and a one year high of $26.32.

iShares iBonds Dec 2034 Term Treasury ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were given a dividend of $0.0862 per share. This is a boost from iShares iBonds Dec 2034 Term Treasury ETF’s previous dividend of $0.09. The ex-dividend date of this dividend was Monday, August 3rd.

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.