iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) Short Interest Up 175.7% in August

iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 42,606 shares, an increase of 175.7% from the August 15th total of 15,455 shares. Based on an average trading volume of 50,238 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.4% of the shares of the company are sold short.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in IBTP. Confluence Investment Management LLC grew its position in iShares iBonds Dec 2034 Term Treasury ETF by 5.0% during the second quarter. Confluence Investment Management LLC now owns 965,101 shares of the company’s stock worth $24,499,000 after buying an additional 45,923 shares in the last quarter. Atlantic Private Wealth LLC raised its holdings in iShares iBonds Dec 2034 Term Treasury ETF by 7.2% in the 4th quarter. Atlantic Private Wealth LLC now owns 234,732 shares of the company’s stock valued at $6,058,000 after acquiring an additional 15,687 shares in the last quarter. United Capital Financial Advisors LLC lifted its position in shares of iShares iBonds Dec 2034 Term Treasury ETF by 43.6% during the 3rd quarter. United Capital Financial Advisors LLC now owns 60,275 shares of the company’s stock valued at $1,562,000 after acquiring an additional 18,300 shares during the period. Flow Traders U.S. LLC bought a new stake in shares of iShares iBonds Dec 2034 Term Treasury ETF during the 3rd quarter valued at $389,000. Finally, Dearborn Partners LLC acquired a new stake in shares of iShares iBonds Dec 2034 Term Treasury ETF during the 4th quarter worth $206,000.

iShares iBonds Dec 2034 Term Treasury ETF Trading Down 0.2%

Shares of iShares iBonds Dec 2034 Term Treasury ETF stock opened at $24.48 on Friday. iShares iBonds Dec 2034 Term Treasury ETF has a twelve month low of $24.47 and a twelve month high of $26.32. The company has a 50-day simple moving average of $24.99 and a two-hundred day simple moving average of $25.34.

iShares iBonds Dec 2034 Term Treasury ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were issued a dividend of $0.0871 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 4.3%.

About iShares iBonds Dec 2034 Term Treasury ETF

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.