iShares iBonds Dec 2044 Term Treasury ETF (NASDAQ:IBGA) Sees Significant Decrease in Short Interest

iShares iBonds Dec 2044 Term Treasury ETF (NASDAQ:IBGA) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 73 shares, a drop of 73.1% from the August 31st total of 271 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 156,812 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of iShares iBonds Dec 2044 Term Treasury ETF

A hedge fund recently bought a new position in iShares iBonds Dec 2044 Term Treasury ETF stock. NewEdge Advisors LLC acquired a new stake in shares of iShares iBonds Dec 2044 Term Treasury ETF (NASDAQ:IBGA) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,116 shares of the company’s stock, valued at approximately $52,000.

iShares iBonds Dec 2044 Term Treasury ETF Price Performance

Shares of NASDAQ IBGA opened at $22.70 on Friday. The firm has a 50-day moving average of $23.45 and a 200 day moving average of $24.02. iShares iBonds Dec 2044 Term Treasury ETF has a 1 year low of $22.59 and a 1 year high of $25.70.

iShares iBonds Dec 2044 Term Treasury ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were given a $0.0955 dividend. This is a boost from iShares iBonds Dec 2044 Term Treasury ETF’s previous monthly dividend of $0.0954. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $1.15 annualized dividend and a yield of 5.0%.

iShares iBonds Dec 2044 Term Treasury ETF Company Profile

The iShares iBonds Dec 2044 Term Treasury ETF (IBGA) is an exchange-traded fund that is based on the ICE 2044 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2044. The fund will terminate in December 2044. IBGA was launched on Jun 11, 2024 and is issued by BlackRock.