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

iShares iBonds Dec 2044 Term Treasury ETF (NASDAQ:IBGA) was the target of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 1,800 shares, a decline of 78.3% from the February 28th total of 8,300 shares. Based on an average daily trading volume, of 18,000 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

Hedge Funds Weigh In On iShares iBonds Dec 2044 Term Treasury ETF

A hedge fund recently bought a new stake in iShares iBonds Dec 2044 Term Treasury ETF stock. Atlantic Union Bankshares Corp bought a new position in iShares iBonds Dec 2044 Term Treasury ETF (NASDAQ:IBGA) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 432,711 shares of the company’s stock, valued at approximately $11,584,000. Atlantic Union Bankshares Corp owned about 72.12% of iShares iBonds Dec 2044 Term Treasury ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

iShares iBonds Dec 2044 Term Treasury ETF Stock Down 0.6 %

Shares of NASDAQ IBGA opened at $24.93 on Thursday. The firm’s 50-day moving average price is $24.89 and its 200-day moving average price is $25.28. iShares iBonds Dec 2044 Term Treasury ETF has a 52-week low of $23.77 and a 52-week high of $27.42.

iShares iBonds Dec 2044 Term Treasury ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.0794 dividend. The ex-dividend date was Monday, March 3rd.

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.