Short Interest in iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) Decreases By 83.3%

iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) was the target of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 27,974 shares, a drop of 83.3% from the April 30th total of 167,166 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily trading volume, of 61,867 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Investors Weigh In On iShares iBonds Dec 2035 Term Treasury ETF

Several hedge funds have recently bought and sold shares of the stock. Flow Traders U.S. LLC acquired a new stake in iShares iBonds Dec 2035 Term Treasury ETF during the third quarter worth approximately $603,000. Atlantic Private Wealth LLC increased its stake in iShares iBonds Dec 2035 Term Treasury ETF by 510.5% in the first quarter. Atlantic Private Wealth LLC now owns 20,689 shares of the company’s stock valued at $524,000 after acquiring an additional 17,300 shares during the last quarter. Finally, Reliant Wealth Planning bought a new position in iShares iBonds Dec 2035 Term Treasury ETF in the third quarter valued at approximately $393,000.

iShares iBonds Dec 2035 Term Treasury ETF Trading Up 0.1%

IBTQ stock opened at $25.00 on Thursday. The stock has a 50-day moving average price of $25.16 and a two-hundred day moving average price of $25.42. iShares iBonds Dec 2035 Term Treasury ETF has a 1 year low of $24.61 and a 1 year high of $26.00.

iShares iBonds Dec 2035 Term Treasury ETF Dividend Announcement

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

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.