Short Interest in iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) Declines By 39.9%

iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) saw a large decline in short interest in the month of February. As of February 13th, there was short interest totaling 14,274 shares, a decline of 39.9% from the January 29th total of 23,748 shares. Based on an average daily trading volume, of 26,922 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.2% of the company’s shares are short sold. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 26,922 shares, the days-to-cover ratio is currently 0.5 days.

iShares iBonds Dec 2034 Term Treasury ETF Price Performance

iShares iBonds Dec 2034 Term Treasury ETF stock opened at $26.31 on Friday. The company’s 50 day simple moving average is $25.87 and its 200 day simple moving average is $25.92. iShares iBonds Dec 2034 Term Treasury ETF has a fifty-two week low of $24.92 and a fifty-two week high of $26.32.

iShares iBonds Dec 2034 Term Treasury ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a $0.0821 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 3.7%.

Institutional Trading of iShares iBonds Dec 2034 Term Treasury ETF

Several hedge funds have recently added to or reduced their stakes in the business. Dearborn Partners LLC bought a new position in iShares iBonds Dec 2034 Term Treasury ETF during the fourth quarter worth about $206,000. Thoroughbred Financial Services LLC bought a new stake in shares of iShares iBonds Dec 2034 Term Treasury ETF in the third quarter worth about $233,000. Flow Traders U.S. LLC bought a new stake in shares of iShares iBonds Dec 2034 Term Treasury ETF in the third quarter worth about $389,000. United Capital Financial Advisors LLC raised its position in shares of iShares iBonds Dec 2034 Term Treasury ETF by 43.6% during the third 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. Finally, Atlantic Private Wealth LLC lifted its holdings 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 purchasing an additional 42,927 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.