Short Interest in iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) Rises By 986.1%

iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) was the target of a significant 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. Currently, 1.1% of the company’s stock are short sold. Based on an average daily trading volume, of 69,327 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 69,327 shares, the days-to-cover ratio is presently 0.6 days. Currently, 1.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Confluence Investment Management LLC purchased a new stake in shares of iShares iBonds Dec 2035 Term Treasury ETF during the third quarter valued at approximately $22,624,000. Flow Traders U.S. LLC purchased a new stake in iShares iBonds Dec 2035 Term Treasury ETF during the 3rd quarter valued at $603,000. Finally, Reliant Wealth Planning purchased a new stake in iShares iBonds Dec 2035 Term Treasury ETF during the 3rd quarter valued at $393,000.

iShares iBonds Dec 2035 Term Treasury ETF Price Performance

NASDAQ IBTQ opened at $25.49 on Tuesday. iShares iBonds Dec 2035 Term Treasury ETF has a 12 month low of $24.56 and a 12 month high of $26.00. The stock’s fifty day moving average price is $25.58 and its 200-day moving average price is $25.44.

iShares iBonds Dec 2035 Term Treasury ETF Cuts Dividend

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

iShares iBonds Dec 2035 Term Treasury ETF Company Profile

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.