iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) Short Interest Up 85.7% in February

iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 6,500 shares, a growth of 85.7% from the February 13th total of 3,500 shares. Based on an average daily trading volume, of 47,300 shares, the short-interest ratio is currently 0.1 days. Currently, 0.2% of the shares of the stock are short sold.

iShares iBonds Dec 2034 Term Treasury ETF Price Performance

Shares of IBTP stock traded down $0.10 during trading hours on Friday, reaching $25.41. 23,531 shares of the stock were exchanged, compared to its average volume of 26,591. iShares iBonds Dec 2034 Term Treasury ETF has a 12-month low of $24.43 and a 12-month high of $26.97. The company’s 50-day moving average price is $25.07 and its 200-day moving average price is $25.46.

iShares iBonds Dec 2034 Term Treasury ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.0794 per share. The ex-dividend date of this dividend was Monday, March 3rd. This is a boost from iShares iBonds Dec 2034 Term Treasury ETF’s previous dividend of $0.06.

Hedge Funds Weigh In On iShares iBonds Dec 2034 Term Treasury ETF

An institutional investor recently bought a new position in iShares iBonds Dec 2034 Term Treasury ETF stock. AllSquare Wealth Management LLC purchased a new position in shares of iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,770 shares of the company’s stock, valued at approximately $44,000. AllSquare Wealth Management LLC owned 0.05% of iShares iBonds Dec 2034 Term Treasury ETF at the end of the most recent quarter.

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.