iShares iBonds Dec 2045 Term Treasury ETF (NASDAQ:IBGB) Stock Short Interest Rises 238.8%

iShares iBonds Dec 2045 Term Treasury ETF (NASDAQ:IBGB) was the recipient of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 10,527 shares, an increase of 238.8% from the October 15th total of 3,107 shares. Based on an average trading volume of 17,898 shares, the short-interest ratio is currently 0.6 days. Approximately 1.9% of the company’s stock are sold short.

iShares iBonds Dec 2045 Term Treasury ETF Price Performance

Shares of NASDAQ:IBGB traded down $0.26 on Thursday, hitting $22.77. 335 shares of the company traded hands, compared to its average volume of 3,494. The stock has a 50 day simple moving average of $22.87 and a 200-day simple moving average of $23.92. iShares iBonds Dec 2045 Term Treasury ETF has a 52 week low of $22.08 and a 52 week high of $25.55.

iShares iBonds Dec 2045 Term Treasury ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Investors of record on Monday, November 2nd were given a dividend of $0.0814 per share. This is a negative change from iShares iBonds Dec 2045 Term Treasury ETF’s previous monthly dividend of $0.0943. The ex-dividend date of this dividend was Monday, November 2nd. This represents a $0.98 annualized dividend and a yield of 4.3%.

iShares iBonds Dec 2045 Term Treasury ETF Company Profile

iShares Trust – iShares iBonds Dec 2025 Term Treasury ETF is an exchange traded fund launched by BlackRock, Inc. The fund is managed by BlackRock Fund Advisors. It invests in the fixed income markets of the United States. The fund uses derivatives such as futures, options and swaps to create its portfolio. The fund primarily invests in publicly-issued U.S. Treasury securities with a fixed coupon schedule and be denominated in U.S. dollars. It invests in securities that will mature between January 1, 2045 and December 15, 2045.