Short Interest in iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) Drops By 83.3%

iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) saw a large decline in short interest in May. As of May 15th, there was short interest totaling 27,974 shares, a decline of 83.3% from the April 30th total of 167,166 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average trading volume of 61,867 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Trading of iShares iBonds Dec 2035 Term Treasury ETF

Several hedge funds have recently modified their holdings of the stock. Atlantic Private Wealth LLC increased its stake in shares of iShares iBonds Dec 2035 Term Treasury ETF by 510.5% in the 1st quarter. Atlantic Private Wealth LLC now owns 20,689 shares of the company’s stock valued at $524,000 after acquiring an additional 17,300 shares in the last quarter. Reliant Wealth Planning bought a new stake in shares of iShares iBonds Dec 2035 Term Treasury ETF in the 3rd quarter valued at $393,000. Finally, Flow Traders U.S. LLC bought a new stake in shares of iShares iBonds Dec 2035 Term Treasury ETF in the 3rd quarter valued at $603,000.

iShares iBonds Dec 2035 Term Treasury ETF Stock Performance

Shares of NASDAQ:IBTQ traded up $0.02 during mid-day trading on Friday, hitting $25.08. The company had a trading volume of 50,226 shares, compared to its average volume of 80,094. The firm has a fifty day moving average price of $25.14 and a 200 day moving average price of $25.42. iShares iBonds Dec 2035 Term Treasury ETF has a one year low of $24.61 and a one year high of $26.00.

iShares iBonds Dec 2035 Term Treasury ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were paid a $0.0641 dividend. The ex-dividend date was Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 3.1%.

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.