iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Short Interest Update

iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 63,890,000 shares, a growth of 24.0% from the August 31st total of 51,540,000 shares. Based on an average trading volume of 37,656,900 shares, the days-to-cover ratio is presently 1.7 days.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ TLT traded up $0.51 during trading hours on Friday, hitting $98.57. The company had a trading volume of 28,317,628 shares, compared to its average volume of 39,539,551. iShares 20+ Year Treasury Bond ETF has a 52 week low of $82.42 and a 52 week high of $101.64. The firm has a 50 day simple moving average of $97.44 and a 200 day simple moving average of $93.75. The firm has a market capitalization of $58.43 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a $0.3128 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

Institutional Trading of iShares 20+ Year Treasury Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. increased its stake in iShares 20+ Year Treasury Bond ETF by 2,810.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock worth $2,994,131,000 after purchasing an additional 31,502,110 shares during the period. Rafferty Asset Management LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 134.1% during the fourth quarter. Rafferty Asset Management LLC now owns 36,566,862 shares of the exchange traded fund’s stock valued at $3,615,731,000 after buying an additional 20,946,006 shares during the last quarter. Jane Street Group LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 49.1% during the first quarter. Jane Street Group LLC now owns 19,599,021 shares of the exchange traded fund’s stock valued at $1,854,459,000 after buying an additional 6,457,638 shares during the last quarter. Annex Advisory Services LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 11,463.6% in the second quarter. Annex Advisory Services LLC now owns 2,538,906 shares of the exchange traded fund’s stock worth $233,021,000 after purchasing an additional 2,516,950 shares during the last quarter. Finally, Hantz Financial Services Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the second quarter worth $143,473,000. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Company Profile

iShares 20+ Year Treasury Bond ETF (the Fund) is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of United States Treasury bonds with remaining maturities greater than 20 years. The Fund seeks to track the investment results of the Barclays U.S. 20+ Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of 20 or more years.