iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) Sees Significant Decrease in Short Interest

iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 47,480 shares, a drop of 41.9% from the July 15th total of 81,764 shares. Based on an average trading volume of 86,153 shares, the short-interest ratio is presently 0.6 days. Currently, 0.5% of the shares of the company are short sold.

iShares iBonds Dec 2035 Term Treasury ETF Price Performance

NASDAQ:IBTQ traded up $0.11 during trading hours on Wednesday, hitting $24.72. 2,810 shares of the stock traded hands, compared to its average volume of 68,651. iShares iBonds Dec 2035 Term Treasury ETF has a 1 year low of $24.57 and a 1 year high of $26.00. The stock has a 50 day moving average price of $24.83 and a 200 day moving average price of $25.13.

iShares iBonds Dec 2035 Term Treasury ETF Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were paid a dividend of $0.0882 per share. The ex-dividend date was Monday, August 3rd.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of IBTQ. Atlantic Private Wealth LLC bought a new stake in iShares iBonds Dec 2035 Term Treasury ETF during the fourth quarter valued at about $86,000. Flow Traders U.S. LLC bought a new position in shares of iShares iBonds Dec 2035 Term Treasury ETF in the third quarter worth about $603,000. Finally, Confluence Investment Management LLC grew its position in shares of iShares iBonds Dec 2035 Term Treasury ETF by 29.3% during the second quarter. Confluence Investment Management LLC now owns 1,044,548 shares of the company’s stock worth $26,202,000 after purchasing an additional 236,662 shares in the last quarter.

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.