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

iShares iBonds Dec 2044 Term Treasury ETF (NASDAQ:IBGA) was the recipient of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 8,300 shares, a growth of 207.4% from the February 13th total of 2,700 shares. Based on an average trading volume of 15,900 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.4% of the shares of the company are sold short.

iShares iBonds Dec 2044 Term Treasury ETF Stock Up 0.5 %

IBGA stock traded up $0.12 during mid-day trading on Thursday, reaching $25.14. 813 shares of the stock traded hands, compared to its average volume of 19,057. The business has a 50-day moving average of $24.68 and a two-hundred day moving average of $25.38. 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 firm also recently declared 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.

Institutional Inflows and Outflows

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

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.