iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) Sees Large Increase in Short Interest

iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totaling 31,830 shares, an increase of 241.4% from the December 31st total of 9,323 shares. Based on an average trading volume of 40,617 shares, the short-interest ratio is currently 0.8 days. Approximately 0.4% of the company’s stock are short sold. Approximately 0.4% of the company’s stock are short sold. Based on an average trading volume of 40,617 shares, the short-interest ratio is currently 0.8 days.

iShares iBonds Dec 2034 Term Treasury ETF Price Performance

Shares of NASDAQ:IBTP traded up $0.03 during trading on Thursday, reaching $25.77. 36,607 shares of the stock were exchanged, compared to its average volume of 67,558. iShares iBonds Dec 2034 Term Treasury ETF has a 1-year low of $24.74 and a 1-year high of $26.26. The stock has a fifty day moving average of $25.89 and a two-hundred day moving average of $25.84.

iShares iBonds Dec 2034 Term Treasury ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a $0.0893 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Friday, December 19th.

Institutional Investors Weigh In On iShares iBonds Dec 2034 Term Treasury ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Atlantic Union Bankshares Corp lifted its position in iShares iBonds Dec 2034 Term Treasury ETF by 21.7% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 959,930 shares of the company’s stock valued at $24,872,000 after acquiring an additional 170,852 shares in the last quarter. Confluence Investment Management LLC boosted its position in shares of iShares iBonds Dec 2034 Term Treasury ETF by 11.4% during the fourth quarter. Confluence Investment Management LLC now owns 716,175 shares of the company’s stock valued at $18,484,000 after buying an additional 73,471 shares during the last quarter. Atlantic Private Wealth LLC grew its holdings in iShares iBonds Dec 2034 Term Treasury ETF by 24.4% during the third quarter. Atlantic Private Wealth LLC now owns 219,045 shares of the company’s stock worth $5,675,000 after buying an additional 42,927 shares in the last quarter. United Capital Financial Advisors LLC raised its position in iShares iBonds Dec 2034 Term Treasury ETF by 43.6% in the 3rd quarter. United Capital Financial Advisors LLC now owns 60,275 shares of the company’s stock valued at $1,562,000 after buying an additional 18,300 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new position in iShares iBonds Dec 2034 Term Treasury ETF during the 3rd quarter valued at $389,000.

iShares iBonds Dec 2034 Term Treasury ETF Company Profile

The iShares iBonds Dec 2034 Term Treasury ETF (IBTP) is an exchange-traded fund that is based on the ICE 2034 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2034. The fund will terminate in December 2034. IBTP was launched on Jun 11, 2024 and is issued by BlackRock.