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

iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 81,764 shares, an increase of 177.5% from the June 30th total of 29,466 shares. Approximately 0.8% of the company’s shares are sold short. Based on an average trading volume of 30,771 shares, the days-to-cover ratio is presently 2.7 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Atlantic Private Wealth LLC purchased a new stake in iShares iBonds Dec 2035 Term Treasury ETF in the fourth quarter valued at $86,000. Flow Traders U.S. LLC purchased a new position in shares of iShares iBonds Dec 2035 Term Treasury ETF during the 3rd quarter valued at about $603,000. Finally, Confluence Investment Management LLC lifted its holdings in shares of iShares iBonds Dec 2035 Term Treasury ETF by 29.3% in the 2nd quarter. Confluence Investment Management LLC now owns 1,044,548 shares of the company’s stock valued at $26,202,000 after buying an additional 236,662 shares during the period.

iShares iBonds Dec 2035 Term Treasury ETF Price Performance

Shares of IBTQ stock traded up $0.06 during mid-day trading on Monday, hitting $24.72. The stock had a trading volume of 392,273 shares, compared to its average volume of 71,056. iShares iBonds Dec 2035 Term Treasury ETF has a 12-month low of $24.59 and a 12-month high of $26.00. The firm’s 50-day moving average is $24.91 and its two-hundred day moving average is $25.22.

iShares iBonds Dec 2035 Term Treasury ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a $0.0843 dividend. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Wednesday, July 1st.

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.