iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) Sees Large Decrease in Short Interest

iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) was the target of a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 28,535 shares, a drop of 55.1% from the January 29th total of 63,545 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average daily volume of 68,174 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 68,174 shares, the short-interest ratio is currently 0.4 days. Approximately 0.6% of the shares of the company are short sold.

iShares iBonds Dec 2035 Term Treasury ETF Price Performance

IBTQ traded up $0.11 during trading on Friday, reaching $25.99. 17,429 shares of the company were exchanged, compared to its average volume of 52,570. The firm has a 50 day moving average of $25.54 and a 200 day moving average of $25.56. iShares iBonds Dec 2035 Term Treasury ETF has a 52 week low of $24.56 and a 52 week high of $26.00.

iShares iBonds Dec 2035 Term Treasury ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.081 per share. This is an increase from iShares iBonds Dec 2035 Term Treasury ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Monday, February 2nd.

Institutional Trading of iShares iBonds Dec 2035 Term Treasury ETF

Several hedge funds have recently bought and sold shares of the company. Confluence Investment Management LLC bought a new position in iShares iBonds Dec 2035 Term Treasury ETF in the 3rd quarter worth about $22,624,000. Flow Traders U.S. LLC acquired a new position in shares of iShares iBonds Dec 2035 Term Treasury ETF during the third quarter worth approximately $603,000. Atlantic Private Wealth LLC acquired a new position in shares of iShares iBonds Dec 2035 Term Treasury ETF during the fourth quarter worth approximately $86,000. Finally, Reliant Wealth Planning bought a new position in iShares iBonds Dec 2035 Term Treasury ETF in the 3rd quarter worth approximately $393,000.

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.