iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) Short Interest Up 89.4% in June

iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 59,378 shares, an increase of 89.4% from the May 31st total of 31,357 shares. Based on an average daily volume of 51,398 shares, the short-interest ratio is currently 1.2 days. Approximately 0.6% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Atlantic Union Bankshares Corp boosted its holdings in iShares iBonds Dec 2034 Term Treasury ETF by 32.6% during the fourth quarter. Atlantic Union Bankshares Corp now owns 1,272,993 shares of the company’s stock valued at $32,855,000 after purchasing an additional 313,063 shares in the last quarter. Confluence Investment Management LLC raised its holdings in shares of iShares iBonds Dec 2034 Term Treasury ETF by 11.4% in the 4th quarter. Confluence Investment Management LLC now owns 716,175 shares of the company’s stock worth $18,484,000 after buying an additional 73,471 shares in the last quarter. Atlantic Private Wealth LLC lifted its position 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 buying an additional 15,687 shares during the period. Dearborn Partners LLC acquired a new stake in iShares iBonds Dec 2034 Term Treasury ETF in the 4th quarter valued at $206,000. Finally, United Capital Financial Advisors LLC boosted its stake in iShares iBonds Dec 2034 Term Treasury ETF by 43.6% in the 3rd quarter. United Capital Financial Advisors LLC now owns 60,275 shares of the company’s stock valued at $1,562,000 after buying an additional 18,300 shares in the last quarter.

iShares iBonds Dec 2034 Term Treasury ETF Stock Down 0.5%

Shares of NASDAQ IBTP traded down $0.12 during mid-day trading on Wednesday, hitting $25.26. The company had a trading volume of 17,455 shares, compared to its average volume of 50,337. iShares iBonds Dec 2034 Term Treasury ETF has a 12 month low of $24.98 and a 12 month high of $26.32. The business’s 50-day simple moving average is $25.36 and its 200-day simple moving average is $25.65.

iShares iBonds Dec 2034 Term Treasury ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were given a dividend of $0.086 per share. The ex-dividend date was Monday, June 1st.

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.