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

iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 31,830 shares, a growth of 241.4% from the December 31st total of 9,323 shares. Based on an average daily trading volume, of 40,617 shares, the short-interest ratio is currently 0.8 days. Approximately 0.4% of the company’s stock are short sold. Approximately 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 40,617 shares, the short-interest ratio is currently 0.8 days.

iShares iBonds Dec 2034 Term Treasury ETF Price Performance

NASDAQ IBTP traded down $0.01 during trading on Friday, reaching $25.76. The company’s stock had a trading volume of 30,442 shares, compared to its average volume of 65,702. The business has a 50-day moving average price of $25.88 and a 200-day moving average price of $25.84. iShares iBonds Dec 2034 Term Treasury ETF has a 1-year low of $24.74 and a 1-year high of $26.26.

iShares iBonds Dec 2034 Term Treasury ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were given a dividend of $0.0893 per share. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Friday, December 19th.

Institutional Trading of iShares iBonds Dec 2034 Term Treasury ETF

Large investors have recently made changes to their positions in the stock. Atlantic Union Bankshares Corp raised its stake in shares of iShares iBonds Dec 2034 Term Treasury ETF by 21.7% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 959,930 shares of the company’s stock valued at $24,872,000 after acquiring an additional 170,852 shares in the last quarter. Confluence Investment Management LLC grew its holdings in iShares iBonds Dec 2034 Term Treasury ETF by 11.4% during the fourth quarter. Confluence Investment Management LLC now owns 716,175 shares of the company’s stock valued at $18,484,000 after purchasing an additional 73,471 shares during the last quarter. Atlantic Private Wealth LLC raised its position in shares of iShares iBonds Dec 2034 Term Treasury ETF by 24.4% in the third 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 period. United Capital Financial Advisors LLC raised its position in shares of iShares iBonds Dec 2034 Term Treasury ETF by 43.6% in the third quarter. United Capital Financial Advisors LLC now owns 60,275 shares of the company’s stock valued at $1,562,000 after purchasing an additional 18,300 shares during the period. Finally, Flow Traders U.S. LLC bought a new stake in shares of iShares iBonds Dec 2034 Term Treasury ETF during the 3rd quarter worth $389,000.

About iShares iBonds Dec 2034 Term Treasury ETF

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.