iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) Short Interest Down 25.4% in January

iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) was the recipient of a significant drop in short interest in January. As of January 30th, there was short interest totaling 23,748 shares, a drop of 25.4% from the January 15th total of 31,830 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily volume of 90,356 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 90,356 shares, the short-interest ratio is presently 0.3 days. Approximately 0.3% of the shares of the stock are short sold.

Institutional Investors Weigh In On iShares iBonds Dec 2034 Term Treasury ETF

Large investors have recently bought and sold shares of the business. Atlantic Union Bankshares Corp lifted its position in iShares iBonds Dec 2034 Term Treasury ETF by 32.6% during the fourth quarter. Atlantic Union Bankshares Corp now owns 1,272,993 shares of the company’s stock valued at $32,855,000 after purchasing an additional 313,063 shares during the last quarter. Confluence Investment Management LLC increased its holdings in shares of iShares iBonds Dec 2034 Term Treasury ETF by 11.4% in the 4th quarter. Confluence Investment Management LLC now owns 716,175 shares of the company’s stock worth $18,484,000 after buying 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% during the 3rd quarter. Atlantic Private Wealth LLC now owns 219,045 shares of the company’s stock valued at $5,675,000 after buying an additional 42,927 shares in the last quarter. United Capital Financial Advisors LLC lifted 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 acquiring an additional 18,300 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new position in shares of iShares iBonds Dec 2034 Term Treasury ETF in the 3rd quarter valued at about $389,000.

iShares iBonds Dec 2034 Term Treasury ETF Price Performance

iShares iBonds Dec 2034 Term Treasury ETF stock traded up $0.10 during midday trading on Friday, reaching $26.09. 27,217 shares of the stock traded hands, compared to its average volume of 52,894. The stock’s fifty day moving average is $25.82 and its 200-day moving average is $25.88. iShares iBonds Dec 2034 Term Treasury ETF has a 12 month low of $24.92 and a 12 month high of $26.26.

iShares iBonds Dec 2034 Term Treasury ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.0821 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date was Monday, February 2nd.

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.