Short Interest in iShares iBonds Dec 2055 Term Treasury ETF (NASDAQ:IBGL) Rises By 70.1%

iShares iBonds Dec 2055 Term Treasury ETF (NASDAQ:IBGL) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 4,007 shares, an increase of 70.1% from the June 30th total of 2,355 shares. Approximately 1.6% of the shares of the company are short sold. Based on an average daily trading volume, of 558 shares, the days-to-cover ratio is currently 7.2 days.

iShares iBonds Dec 2055 Term Treasury ETF Trading Down 0.9%

Shares of IBGL stock opened at $22.83 on Friday. The business’s 50 day moving average is $23.66 and its two-hundred day moving average is $24.02. iShares iBonds Dec 2055 Term Treasury ETF has a 12-month low of $22.82 and a 12-month high of $25.54.

iShares iBonds Dec 2055 Term Treasury ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.0938 per share. The ex-dividend date of this dividend was Wednesday, July 1st.

iShares iBonds Dec 2055 Term Treasury ETF Company Profile

iShares Trust – iShares iBonds Dec 2055 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, 2055 and December 15, 2055. The fund seeks to track the performance of the Bloomberg ICE 2055 Maturity US Treasury Index, by using representative sampling technique.