iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) Short Interest Down 32.1% in August

iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) was the target of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 25,996 shares, a decline of 32.1% from the August 15th total of 38,287 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 48,970 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Investors Weigh In On iShares iBonds Dec 2035 Term Treasury ETF

A hedge fund recently raised its stake in iShares iBonds Dec 2035 Term Treasury ETF stock. Confluence Investment Management LLC raised its stake in shares of iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) by 29.3% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 1,044,548 shares of the company’s stock after buying an additional 236,662 shares during the period. Confluence Investment Management LLC owned about 12.08% of iShares iBonds Dec 2035 Term Treasury ETF worth $26,202,000 at the end of the most recent quarter.

iShares iBonds Dec 2035 Term Treasury ETF Trading Up 0.5%

Shares of NASDAQ:IBTQ traded up $0.11 during trading on Thursday, hitting $24.15. The stock had a trading volume of 10,002 shares, compared to its average volume of 70,605. iShares iBonds Dec 2035 Term Treasury ETF has a 12-month low of $24.03 and a 12-month high of $26.00. The stock has a 50-day simple moving average of $24.60 and a two-hundred day simple moving average of $24.96.

iShares iBonds Dec 2035 Term Treasury ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were given a dividend of $0.0861 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 4.3%.

iShares iBonds Dec 2035 Term Treasury ETF Company Profile

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.