Short Interest in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Declines By 17.7%

iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) was the target of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totaling 99,425,592 shares, a decrease of 17.7% from the March 15th total of 120,751,947 shares. Approximately 20.5% of the company’s shares are sold short. Based on an average daily trading volume, of 45,929,592 shares, the short-interest ratio is presently 2.2 days.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT opened at $86.92 on Thursday. The company has a market capitalization of $42.25 billion, a price-to-earnings ratio of -6.75 and a beta of 0.57. The company’s 50 day simple moving average is $87.88 and its 200 day simple moving average is $88.54. iShares 20+ Year Treasury Bond ETF has a 1 year low of $83.29 and a 1 year high of $92.18.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st were paid a dividend of $0.3448 per share. The ex-dividend date of this dividend was Wednesday, April 1st. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.30. This represents a c) annualized dividend and a dividend yield of 4.8%.

Hedge Funds Weigh In On iShares 20+ Year Treasury Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Greykasell Wealth Strategies Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter valued at approximately $27,000. Strategic Investment Advisors MI purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter valued at approximately $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at approximately $31,000. First Command Advisory Services Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter valued at approximately $33,000. Finally, Smartleaf Asset Management LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter valued at approximately $33,000. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Company Profile

iShares 20+ Year Treasury Bond ETF (the Fund) is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of United States Treasury bonds with remaining maturities greater than 20 years. The Fund seeks to track the investment results of the Barclays U.S. 20+ Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of 20 or more years. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.