iShares iBonds Dec 2054 Term Treasury ETF (NASDAQ:IBGK) Sees Significant Increase in Short Interest

iShares iBonds Dec 2054 Term Treasury ETF (NASDAQ:IBGK – Get Free Report) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 1,934 shares, a growth of 1,180.8% from the September 30th total of 151 shares. Currently, 0.8% of the shares of the company are short sold. Based on an average trading volume of 509 shares, the days-to-cover ratio is currently 3.8 days.

iShares iBonds Dec 2054 Term Treasury ETF Price Performance

NASDAQ:IBGK traded up $0.06 during mid-day trading on Tuesday, reaching $22.06. The stock had a trading volume of 106 shares, compared to its average volume of 914. The business has a 50 day simple moving average of $21.79 and a 200 day simple moving average of $22.92. iShares iBonds Dec 2054 Term Treasury ETF has a twelve month low of $20.82 and a twelve month high of $24.85.

iShares iBonds Dec 2054 Term Treasury ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were issued a dividend of $0.0904 per share. This is a drop from iShares iBonds Dec 2054 Term Treasury ETF’s previous monthly dividend of $0.0933. The ex-dividend date was Thursday, October 1st. This represents a $1.08 dividend on an annualized basis and a yield of 4.9%.

About iShares iBonds Dec 2054 Term Treasury ETF

(Get Free Report)

The iShares iBonds Dec 2054 Term Treasury ETF (IBGK) is an exchange-traded fund that is based on the ICE 2054 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2054. The fund will terminate in December 2054. IBGK was launched on Jun 11, 2024 and is issued by BlackRock.

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