iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) Short Interest Update

iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) was the recipient of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 9,273 shares, a decrease of 24.8% from the November 30th total of 12,324 shares. Based on an average daily volume of 50,861 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are sold short. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 50,861 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Atlantic Union Bankshares Corp increased its stake in iShares iBonds Dec 2034 Term Treasury ETF by 21.7% during the third quarter. Atlantic Union Bankshares Corp now owns 959,930 shares of the company’s stock worth $24,872,000 after acquiring an additional 170,852 shares during the last quarter. Atlantic Private Wealth LLC lifted its stake in shares of iShares iBonds Dec 2034 Term Treasury ETF by 24.4% in the 3rd quarter. Atlantic Private Wealth LLC now owns 219,045 shares of the company’s stock valued at $5,675,000 after purchasing an additional 42,927 shares during the last quarter. United Capital Financial Advisors LLC grew its holdings in shares of iShares iBonds Dec 2034 Term Treasury ETF by 43.6% during the 3rd quarter. United Capital Financial Advisors LLC now owns 60,275 shares of the company’s stock worth $1,562,000 after purchasing an additional 18,300 shares during the period. Flow Traders U.S. LLC acquired a new stake in shares of iShares iBonds Dec 2034 Term Treasury ETF during the 3rd quarter worth about $389,000. Finally, Thoroughbred Financial Services LLC purchased a new stake in iShares iBonds Dec 2034 Term Treasury ETF in the 3rd quarter valued at about $233,000.

iShares iBonds Dec 2034 Term Treasury ETF Price Performance

IBTP stock traded down $0.03 during trading on Tuesday, reaching $25.89. 32,870 shares of the stock were exchanged, compared to its average volume of 49,659. The business has a 50 day moving average price of $25.98 and a 200-day moving average price of $25.80. iShares iBonds Dec 2034 Term Treasury ETF has a 1 year low of $24.43 and a 1 year high of $26.26.

iShares iBonds Dec 2034 Term Treasury ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were given a dividend of $0.0893 per share. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Friday, December 19th.

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.