iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) Sees Large Decrease in Short Interest

iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) was the target of a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 4,000 shares, a decline of 11.1% from the December 15th total of 4,500 shares. Based on an average daily volume of 24,400 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares iBonds Dec 2034 Term Treasury ETF stock. Atlantic Union Bankshares Corp purchased a new stake in shares of iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 482,441 shares of the company’s stock, valued at approximately $12,745,000. Atlantic Union Bankshares Corp owned about 35.74% of iShares iBonds Dec 2034 Term Treasury ETF at the end of the most recent quarter.

iShares iBonds Dec 2034 Term Treasury ETF Price Performance

NASDAQ IBTP traded up $0.01 during trading hours on Friday, hitting $24.82. The company had a trading volume of 36,521 shares, compared to its average volume of 62,802. iShares iBonds Dec 2034 Term Treasury ETF has a fifty-two week low of $24.43 and a fifty-two week high of $26.97. The business has a fifty day simple moving average of $25.07 and a 200-day simple moving average of $25.63.

iShares iBonds Dec 2034 Term Treasury ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 3rd. Investors of record on Monday, December 30th were issued a $0.0053 dividend. The ex-dividend date of this dividend was Monday, December 30th.