Short Interest in iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) Declines By 75.4%

iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) was the target of a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 3,500 shares, a decline of 75.4% from the January 31st total of 14,200 shares. Based on an average trading volume of 43,600 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of iShares iBonds Dec 2034 Term Treasury ETF

A hedge fund recently bought a new stake in iShares iBonds Dec 2034 Term Treasury ETF stock. Atlantic Union Bankshares Corp bought a new stake in iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 482,441 shares of the company’s stock, valued at approximately $12,745,000. Atlantic Union Bankshares Corp owned 35.74% of iShares iBonds Dec 2034 Term Treasury ETF as of its most recent SEC filing.

iShares iBonds Dec 2034 Term Treasury ETF Price Performance

NASDAQ IBTP opened at $25.66 on Friday. The company’s 50-day simple moving average is $24.93 and its 200 day simple moving average is $25.51. iShares iBonds Dec 2034 Term Treasury ETF has a twelve month low of $24.43 and a twelve month high of $26.97.

iShares iBonds Dec 2034 Term Treasury ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a $0.0645 dividend. The ex-dividend date was Monday, February 3rd. This is a boost from iShares iBonds Dec 2034 Term Treasury ETF’s previous dividend of $0.01.

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.