Short Interest in iShares iBonds Dec 2044 Term Treasury ETF (NASDAQ:IBGA) Increases By 531.6%

iShares iBonds Dec 2044 Term Treasury ETF (NASDAQ:IBGA) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 23,250 shares, a growth of 531.6% from the July 30th total of 3,681 shares. Based on an average daily volume of 15,806 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.5% of the shares of the company are short sold.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares iBonds Dec 2044 Term Treasury ETF stock. Atlantic Union Bankshares Corp raised its holdings in iShares iBonds Dec 2044 Term Treasury ETF (NASDAQ:IBGA) by 39.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,182,577 shares of the company’s stock after purchasing an additional 333,931 shares during the quarter. Atlantic Union Bankshares Corp owned 32.85% of iShares iBonds Dec 2044 Term Treasury ETF worth $29,222,000 as of its most recent filing with the Securities and Exchange Commission.

iShares iBonds Dec 2044 Term Treasury ETF Price Performance

Shares of NASDAQ IBGA traded down $0.02 during mid-day trading on Thursday, hitting $23.73. 4,769 shares of the company were exchanged, compared to its average volume of 11,769. The stock has a 50 day simple moving average of $23.88 and a 200-day simple moving average of $24.31. iShares iBonds Dec 2044 Term Treasury ETF has a 1-year low of $23.33 and a 1-year high of $25.70.

iShares iBonds Dec 2044 Term Treasury ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were paid a $0.0954 dividend. This is a boost from iShares iBonds Dec 2044 Term Treasury ETF’s previous dividend of $0.09. The ex-dividend date was Monday, August 3rd.

About iShares iBonds Dec 2044 Term Treasury ETF

The iShares iBonds Dec 2044 Term Treasury ETF (IBGA) is an exchange-traded fund that is based on the ICE 2044 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2044. The fund will terminate in December 2044. IBGA was launched on Jun 11, 2024 and is issued by BlackRock.