iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) Sees Significant Growth in Short Interest

iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) was the target of a large increase in short interest in April. As of April 30th, there was short interest totaling 63,985 shares, an increase of 105.1% from the April 15th total of 31,190 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily volume of 80,872 shares, the days-to-cover ratio is presently 0.8 days.

iShares iBonds Dec 2034 Term Treasury ETF Stock Down 0.8%

NASDAQ:IBTP traded down $0.19 on Friday, reaching $25.13. 78,313 shares of the stock traded hands, compared to its average volume of 47,125. iShares iBonds Dec 2034 Term Treasury ETF has a 12 month low of $24.96 and a 12 month high of $26.32. The company’s fifty day simple moving average is $25.60 and its 200 day simple moving average is $25.81.

iShares iBonds Dec 2034 Term Treasury ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were paid a dividend of $0.0805 per share. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date was Friday, May 1st.

Institutional Trading of iShares iBonds Dec 2034 Term Treasury ETF

Institutional investors have recently made changes to their positions in the stock. Dearborn Partners LLC purchased a new stake in shares of iShares iBonds Dec 2034 Term Treasury ETF during the 4th quarter valued at about $206,000. Thoroughbred Financial Services LLC purchased a new stake in shares of iShares iBonds Dec 2034 Term Treasury ETF during the 3rd quarter valued at about $233,000. Flow Traders U.S. LLC purchased a new stake in shares of iShares iBonds Dec 2034 Term Treasury ETF during the 3rd quarter valued at about $389,000. United Capital Financial Advisors LLC boosted its holdings in shares of iShares iBonds Dec 2034 Term Treasury ETF by 43.6% during the 3rd quarter. United Capital Financial Advisors LLC now owns 60,275 shares of the company’s stock valued at $1,562,000 after acquiring an additional 18,300 shares during the last quarter. Finally, Atlantic Private Wealth LLC boosted its holdings in shares of iShares iBonds Dec 2034 Term Treasury ETF by 24.4% during the 3rd quarter. Atlantic Private Wealth LLC now owns 219,045 shares of the company’s stock valued at $5,675,000 after acquiring an additional 42,927 shares during the last quarter.

iShares iBonds Dec 2034 Term Treasury ETF Company Profile

The iShares iBonds Dec 2034 Term Treasury ETF (IBTP) is an exchange-traded fund that is based on the ICE 2034 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2034. The fund will terminate in December 2034. IBTP was launched on Jun 11, 2024 and is issued by BlackRock.