iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) Short Interest Update

iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) was the recipient of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 25,996 shares, a decline of 32.1% from the August 15th total of 38,287 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 48,970 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in iShares iBonds Dec 2035 Term Treasury ETF stock. Confluence Investment Management LLC lifted its stake in shares of iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) by 29.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,044,548 shares of the company’s stock after buying an additional 236,662 shares during the period. Confluence Investment Management LLC owned approximately 12.08% of iShares iBonds Dec 2035 Term Treasury ETF worth $26,202,000 at the end of the most recent quarter.

iShares iBonds Dec 2035 Term Treasury ETF Price Performance

Shares of NASDAQ IBTQ traded up $0.11 during midday trading on Thursday, reaching $24.15. 10,002 shares of the company’s stock traded hands, compared to its average volume of 70,605. The stock’s 50 day simple moving average is $24.60 and its 200-day simple moving average is $24.96. iShares iBonds Dec 2035 Term Treasury ETF has a one year low of $24.03 and a one year high of $26.00.

iShares iBonds Dec 2035 Term Treasury ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were issued a dividend of $0.0861 per share. The ex-dividend date was Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 4.3%.

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.