Short Interest in iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) Rises By 178.5%

iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 69,322 shares, an increase of 178.5% from the July 15th total of 24,895 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average daily volume of 56,940 shares, the short-interest ratio is currently 1.2 days.

iShares iBonds Dec 2034 Term Treasury ETF Price Performance

IBTP opened at $25.01 on Friday. The business’s 50-day moving average price is $25.17 and its two-hundred day moving average price is $25.48. iShares iBonds Dec 2034 Term Treasury ETF has a 1 year low of $24.92 and a 1 year high of $26.32.

iShares iBonds Dec 2034 Term Treasury ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were given a dividend of $0.0862 per share. This is an increase from iShares iBonds Dec 2034 Term Treasury ETF’s previous dividend of $0.09. The ex-dividend date of this dividend was Monday, August 3rd.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Atlantic Union Bankshares Corp lifted its stake in iShares iBonds Dec 2034 Term Treasury ETF by 32.6% in the 4th quarter. Atlantic Union Bankshares Corp now owns 1,272,993 shares of the company’s stock valued at $32,855,000 after acquiring an additional 313,063 shares in the last quarter. Confluence Investment Management LLC boosted its position in iShares iBonds Dec 2034 Term Treasury ETF by 5.0% during the 2nd quarter. Confluence Investment Management LLC now owns 965,101 shares of the company’s stock worth $24,499,000 after acquiring an additional 45,923 shares during the last quarter. Atlantic Private Wealth LLC grew its stake in shares of iShares iBonds Dec 2034 Term Treasury ETF by 7.2% during the 4th quarter. Atlantic Private Wealth LLC now owns 234,732 shares of the company’s stock worth $6,058,000 after acquiring an additional 15,687 shares in the last quarter. United Capital Financial Advisors LLC grew its stake in shares of iShares iBonds Dec 2034 Term Treasury ETF by 43.6% during the 3rd quarter. United Capital Financial Advisors LLC now owns 60,275 shares of the company’s stock worth $1,562,000 after acquiring an additional 18,300 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new position in shares of iShares iBonds Dec 2034 Term Treasury ETF during the 3rd quarter worth approximately $389,000.

iShares iBonds Dec 2034 Term Treasury ETF Company Profile

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.