iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) Sees Large Drop in Short Interest

iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) saw a significant decline in short interest during the month of 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 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 sold short.

iShares iBonds Dec 2034 Term Treasury ETF Price Performance

Shares of iShares iBonds Dec 2034 Term Treasury ETF stock traded down $0.02 during trading on Thursday, hitting $25.05. 44,616 shares of the stock were exchanged, compared to its average volume of 50,219. The firm’s 50-day moving average price is $25.12 and its 200 day moving average price is $25.43. iShares iBonds Dec 2034 Term Treasury ETF has a 12-month low of $24.92 and a 12-month high of $26.32.

iShares iBonds Dec 2034 Term Treasury ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were issued a dividend of $0.0862 per share. This is a positive change 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.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Dearborn Partners LLC purchased a new position in iShares iBonds Dec 2034 Term Treasury ETF in the fourth quarter valued at approximately $206,000. Flow Traders U.S. LLC purchased 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 in the last quarter. Atlantic Private Wealth LLC boosted its holdings in shares of iShares iBonds Dec 2034 Term Treasury ETF by 7.2% in the 4th quarter. Atlantic Private Wealth LLC now owns 234,732 shares of the company’s stock valued at $6,058,000 after buying an additional 15,687 shares in the last quarter. Finally, Confluence Investment Management LLC boosted its holdings in shares of iShares iBonds Dec 2034 Term Treasury ETF by 5.0% in the 2nd quarter. Confluence Investment Management LLC now owns 965,101 shares of the company’s stock valued at $24,499,000 after buying an additional 45,923 shares in the last quarter.

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.