iShares iBonds Dec 2055 Term Treasury ETF (NASDAQ:IBGL) Short Interest Up 27.9% in January

iShares iBonds Dec 2055 Term Treasury ETF (NASDAQ:IBGL) was the recipient of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 3,828 shares, a growth of 27.9% from the January 15th total of 2,994 shares. Currently, 1.9% of the shares of the company are sold short. Based on an average daily volume of 925 shares, the days-to-cover ratio is currently 4.1 days. Based on an average daily volume of 925 shares, the days-to-cover ratio is currently 4.1 days. Currently, 1.9% of the shares of the company are sold short.

iShares iBonds Dec 2055 Term Treasury ETF Price Performance

Shares of NASDAQ:IBGL traded up $0.05 during midday trading on Tuesday, reaching $24.92. The company had a trading volume of 948 shares, compared to its average volume of 763. iShares iBonds Dec 2055 Term Treasury ETF has a 52-week low of $23.33 and a 52-week high of $26.00. The company’s 50 day moving average price is $24.38 and its 200 day moving average price is $24.61.

iShares iBonds Dec 2055 Term Treasury ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.0954 per share. The ex-dividend date of this dividend was Monday, February 2nd.

iShares iBonds Dec 2055 Term Treasury ETF Company Profile

iShares Trust – iShares iBonds Dec 2055 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, 2055 and December 15, 2055. The fund seeks to track the performance of the Bloomberg ICE 2055 Maturity US Treasury Index, by using representative sampling technique.