iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) Short Interest Update

iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) saw a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 31,357 shares, a drop of 47.4% from the May 14th total of 59,576 shares. Based on an average daily trading volume, of 63,616 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.3% of the company’s stock are short sold.

Institutional Investors Weigh In On iShares iBonds Dec 2034 Term Treasury ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Atlantic Union Bankshares Corp raised its stake in iShares iBonds Dec 2034 Term Treasury ETF by 32.6% in the fourth quarter. Atlantic Union Bankshares Corp now owns 1,272,993 shares of the company’s stock valued at $32,855,000 after buying an additional 313,063 shares during the last quarter. Confluence Investment Management LLC raised its stake in shares of iShares iBonds Dec 2034 Term Treasury ETF by 11.4% in the fourth quarter. Confluence Investment Management LLC now owns 716,175 shares of the company’s stock worth $18,484,000 after purchasing an additional 73,471 shares during the last quarter. Thoroughbred Financial Services LLC purchased a new position in shares of iShares iBonds Dec 2034 Term Treasury ETF in the third quarter worth about $233,000. United Capital Financial Advisors LLC raised its stake in shares of iShares iBonds Dec 2034 Term Treasury ETF by 43.6% in the third quarter. United Capital Financial Advisors LLC now owns 60,275 shares of the company’s stock worth $1,562,000 after purchasing an additional 18,300 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new position in shares of iShares iBonds Dec 2034 Term Treasury ETF in the third quarter worth about $389,000.

iShares iBonds Dec 2034 Term Treasury ETF Trading Up 0.1%

iShares iBonds Dec 2034 Term Treasury ETF stock traded up $0.03 during midday trading on Monday, reaching $25.31. The company’s stock had a trading volume of 46,801 shares, compared to its average volume of 48,904. The stock’s 50-day simple moving average is $25.42 and its 200-day simple moving average is $25.70. iShares iBonds Dec 2034 Term Treasury ETF has a 52-week low of $24.98 and a 52-week high of $26.32.

iShares iBonds Dec 2034 Term Treasury ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a $0.086 dividend. The ex-dividend date was Monday, June 1st.

About iShares iBonds Dec 2034 Term Treasury ETF

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.