iShares iBonds Dec 2044 Term Treasury ETF (NASDAQ:IBGA) Sees Significant Decline in Short Interest

iShares iBonds Dec 2044 Term Treasury ETF (NASDAQ:IBGA) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totaling 3,681 shares, a decline of 77.6% from the July 15th total of 16,448 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 12,392 shares, the short-interest ratio is presently 0.3 days.

iShares iBonds Dec 2044 Term Treasury ETF Stock Performance

Shares of IBGA stock traded down $0.13 during mid-day trading on Friday, reaching $23.47. The company’s stock had a trading volume of 9,182 shares, compared to its average volume of 11,264. The company’s 50 day simple moving average is $23.98 and its 200-day simple moving average is $24.38. iShares iBonds Dec 2044 Term Treasury ETF has a 12-month low of $23.38 and a 12-month high of $25.70.

iShares iBonds Dec 2044 Term Treasury ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were issued a $0.0954 dividend. The ex-dividend date was Monday, August 3rd. This is an increase from iShares iBonds Dec 2044 Term Treasury ETF’s previous dividend of $0.09.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares iBonds Dec 2044 Term Treasury ETF stock. Atlantic Union Bankshares Corp lifted its stake in iShares iBonds Dec 2044 Term Treasury ETF (NASDAQ:IBGA) by 39.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,182,577 shares of the company’s stock after buying an additional 333,931 shares during the period. Atlantic Union Bankshares Corp owned approximately 32.85% of iShares iBonds Dec 2044 Term Treasury ETF worth $29,222,000 as of its most recent SEC filing.

About iShares iBonds Dec 2044 Term Treasury ETF

The iShares iBonds Dec 2044 Term Treasury ETF (IBGA) is an exchange-traded fund that is based on the ICE 2044 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2044. The fund will terminate in December 2044. IBGA was launched on Jun 11, 2024 and is issued by BlackRock.