Short Interest in iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) Decreases By 84.6%

iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) was the target of a large decline in short interest in December. As of December 15th, there was short interest totaling 4,097 shares, a decline of 84.6% from the November 30th total of 26,576 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 60,342 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 60,342 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Trading of iShares iBonds Dec 2035 Term Treasury ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Confluence Investment Management LLC bought a new position in shares of iShares iBonds Dec 2035 Term Treasury ETF in the 3rd quarter worth $22,624,000. Flow Traders U.S. LLC purchased a new position in iShares iBonds Dec 2035 Term Treasury ETF in the third quarter valued at about $603,000. Finally, Reliant Wealth Planning bought a new position in iShares iBonds Dec 2035 Term Treasury ETF in the third quarter worth about $393,000.

iShares iBonds Dec 2035 Term Treasury ETF Price Performance

Shares of IBTQ traded up $0.06 during midday trading on Thursday, reaching $25.53. 18,501 shares of the stock were exchanged, compared to its average volume of 3,568. iShares iBonds Dec 2035 Term Treasury ETF has a 52 week low of $24.56 and a 52 week high of $26.00. The company’s 50 day moving average is $25.65 and its two-hundred day moving average is $25.39.

iShares iBonds Dec 2035 Term Treasury ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were paid a $0.0687 dividend. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 3.2%.

About iShares iBonds Dec 2035 Term Treasury ETF

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.