iShares iBonds Dec 2054 Term Treasury ETF (NASDAQ:IBGK) Sees Significant Increase in Short Interest

iShares iBonds Dec 2054 Term Treasury ETF (NASDAQ:IBGK) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 10,371 shares, a growth of 1,921.6% from the May 31st total of 513 shares. Currently, 6.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,983 shares, the days-to-cover ratio is currently 5.2 days.

iShares iBonds Dec 2054 Term Treasury ETF Price Performance

Shares of iShares iBonds Dec 2054 Term Treasury ETF stock remained flat at $23.61 on Thursday. 58 shares of the company traded hands, compared to its average volume of 1,164. iShares iBonds Dec 2054 Term Treasury ETF has a 1-year low of $22.45 and a 1-year high of $24.89. The business has a 50-day moving average of $23.15 and a two-hundred day moving average of $23.52.

iShares iBonds Dec 2054 Term Treasury ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were given a dividend of $0.0932 per share. The ex-dividend date was Monday, June 1st. This is an increase from iShares iBonds Dec 2054 Term Treasury ETF’s previous dividend of $0.09.

iShares iBonds Dec 2054 Term Treasury ETF Company Profile

The iShares iBonds Dec 2054 Term Treasury ETF (IBGK) is an exchange-traded fund that is based on the ICE 2054 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2054. The fund will terminate in December 2054. IBGK was launched on Jun 11, 2024 and is issued by BlackRock.