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

iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) saw a large increase in short interest in April. As of April 30th, there was short interest totaling 167,166 shares, an increase of 397.5% from the April 15th total of 33,598 shares. Based on an average daily volume of 228,240 shares, the short-interest ratio is presently 0.7 days. Currently, 1.9% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of IBTQ. Atlantic Private Wealth LLC bought a new stake in iShares iBonds Dec 2035 Term Treasury ETF during the 4th quarter worth $86,000. Reliant Wealth Planning bought a new position in iShares iBonds Dec 2035 Term Treasury ETF in the third quarter valued at about $393,000. Finally, Flow Traders U.S. LLC acquired a new stake in shares of iShares iBonds Dec 2035 Term Treasury ETF during the third quarter valued at about $603,000.

iShares iBonds Dec 2035 Term Treasury ETF Price Performance

IBTQ stock traded down $0.18 during trading on Friday, reaching $24.80. 8,137 shares of the company were exchanged, compared to its average volume of 80,162. The company has a 50-day moving average of $25.27 and a two-hundred day moving average of $25.47. iShares iBonds Dec 2035 Term Treasury ETF has a twelve month low of $24.56 and a twelve month high of $26.00.

iShares iBonds Dec 2035 Term Treasury ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were issued a dividend of $0.0641 per share. The ex-dividend date was Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 3.1%.

About iShares iBonds Dec 2035 Term Treasury ETF

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.