iShares iBonds Dec 2045 Term Treasury ETF (NASDAQ:IBGB) Stock Short Interest Climbs 238.8%

iShares iBonds Dec 2045 Term Treasury ETF (NASDAQ:IBGB) was the recipient of a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 10,527 shares, a growth of 238.8% from the October 15th total of 3,107 shares. Approximately 1.9% of the shares of the company are short sold. Based on an average daily volume of 17,898 shares, the days-to-cover ratio is currently 0.6 days.

iShares iBonds Dec 2045 Term Treasury ETF Stock Down 0.4%

IBGB stock traded down $0.09 during trading on Friday, reaching $22.66. The company had a trading volume of 209 shares, compared to its average volume of 3,479. iShares iBonds Dec 2045 Term Treasury ETF has a twelve month low of $22.08 and a twelve month high of $25.55. The firm has a 50-day simple moving average of $22.86 and a 200-day simple moving average of $23.91.

iShares iBonds Dec 2045 Term Treasury ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were issued a $0.0814 dividend. This is a decrease from iShares iBonds Dec 2045 Term Treasury ETF’s previous monthly dividend of $0.0943. This represents a $0.98 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Monday, November 2nd.

About iShares iBonds Dec 2045 Term Treasury ETF

iShares Trust – iShares iBonds Dec 2025 Term Treasury ETF is an exchange traded fund launched by BlackRock, Inc. The fund is managed by BlackRock Fund Advisors. It invests in the fixed income markets of the United States. The fund uses derivatives such as futures, options and swaps to create its portfolio. The fund primarily invests in publicly-issued U.S. Treasury securities with a fixed coupon schedule and be denominated in U.S. dollars. It invests in securities that will mature between January 1, 2045 and December 15, 2045.