Short Interest in iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) Drops By 83.3%

iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) saw a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 27,974 shares, a drop of 83.3% from the April 30th total of 167,166 shares. Based on an average daily volume of 61,867 shares, the short-interest ratio is presently 0.5 days. Approximately 0.3% of the shares of the company are short sold.

iShares iBonds Dec 2035 Term Treasury ETF Trading Up 0.1%

IBTQ stock traded up $0.02 during midday trading on Friday, hitting $25.08. 50,226 shares of the company traded hands, compared to its average volume of 80,094. iShares iBonds Dec 2035 Term Treasury ETF has a twelve month low of $24.61 and a twelve month high of $26.00. The business has a 50 day simple moving average of $25.14 and a 200-day simple moving average of $25.42.

iShares iBonds Dec 2035 Term Treasury ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were issued a dividend of $0.0641 per share. This represents a c) annualized dividend and a yield of 3.1%. The ex-dividend date was Friday, May 1st.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Atlantic Private Wealth LLC bought a new stake in shares of iShares iBonds Dec 2035 Term Treasury ETF in the fourth quarter valued at approximately $86,000. Reliant Wealth Planning bought a new stake in shares of iShares iBonds Dec 2035 Term Treasury ETF in the third quarter valued at approximately $393,000. Finally, Flow Traders U.S. LLC bought a new stake in shares of iShares iBonds Dec 2035 Term Treasury ETF in the third quarter valued at approximately $603,000.

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.