iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) Stock Short Interest Climbs 200.2%

iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 78,049 shares, a growth of 200.2% from the August 31st total of 25,996 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily volume of 125,337 shares, the days-to-cover ratio is currently 0.6 days.

Hedge Funds Weigh In On iShares iBonds Dec 2035 Term Treasury ETF

An institutional investor recently bought a new stake in iShares iBonds Dec 2035 Term Treasury ETF stock. Atlantic Private Wealth LLC purchased a new position in iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,389 shares of the company’s stock, valued at approximately $86,000. Atlantic Private Wealth LLC owned approximately 0.07% of iShares iBonds Dec 2035 Term Treasury ETF as of its most recent SEC filing.

iShares iBonds Dec 2035 Term Treasury ETF Trading Up 0.3%

Shares of NASDAQ IBTQ traded up $0.07 during midday trading on Friday, hitting $23.82. The company’s stock had a trading volume of 45,198 shares, compared to its average volume of 71,944. The business’s fifty day simple moving average is $24.48 and its two-hundred day simple moving average is $24.88. iShares iBonds Dec 2035 Term Treasury ETF has a 1 year low of $23.72 and a 1 year high of $26.00.

iShares iBonds Dec 2035 Term Treasury ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were paid a dividend of $0.0861 per share. This represents a $1.03 annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Tuesday, September 1st. This is a decrease from iShares iBonds Dec 2035 Term Treasury ETF’s previous monthly dividend of $0.0882.

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.