iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) Sees Large Increase in Short Interest

iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTPGet Free Report) saw a significant growth in short interest during the month of August. As of August 15th, there was short interest totaling 32,600 shares, agrowthof443.3% from the July 31st total of 6,000 shares. Based on an average daily volume of 26,200 shares, the days-to-cover ratio is currently 1.2 days. Based on an average daily volume of 26,200 shares, the days-to-cover ratio is currently 1.2 days.

iShares iBonds Dec 2034 Term Treasury ETF Price Performance

NASDAQ IBTP opened at $25.63 on Wednesday. iShares iBonds Dec 2034 Term Treasury ETF has a 1 year low of $24.43 and a 1 year high of $26.97. The business’s 50-day moving average is $25.54 and its 200 day moving average is $25.44.

iShares iBonds Dec 2034 Term Treasury ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, September 5th. Investors of record on Tuesday, September 2nd will be paid a $0.0904 dividend. The ex-dividend date of this dividend is Tuesday, September 2nd. This is a boost from iShares iBonds Dec 2034 Term Treasury ETF’s previous monthly dividend of $0.09. This represents a c) annualized dividend and a dividend yield of 4.2%.

Institutional Trading of iShares iBonds Dec 2034 Term Treasury ETF

Several large investors have recently modified their holdings of IBTP. Atlantic Private Wealth LLC bought a new stake in shares of iShares iBonds Dec 2034 Term Treasury ETF in the first quarter worth about $1,995,000. Confluence Investment Management LLC bought a new stake in shares of iShares iBonds Dec 2034 Term Treasury ETF in the first quarter worth about $16,972,000. Finally, Atlantic Union Bankshares Corp boosted its position in iShares iBonds Dec 2034 Term Treasury ETF by 32.2% during the 1st quarter. Atlantic Union Bankshares Corp now owns 725,718 shares of the company’s stock valued at $18,628,000 after acquiring an additional 176,933 shares in the last quarter.

About iShares iBonds Dec 2034 Term Treasury ETF

(Get Free Report)

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.

Further Reading

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