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

iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) was the recipient of a significant decrease in short interest in November. As of November 30th, there was short interest totalling 8,000 shares, a decrease of 65.5% from the November 15th total of 23,200 shares. Based on an average daily volume of 15,200 shares, the short-interest ratio is currently 0.5 days.

iShares iBonds Dec 2034 Term Treasury ETF Price Performance

Shares of IBTP traded down $0.07 during mid-day trading on Wednesday, hitting $25.43. The company’s stock had a trading volume of 42,939 shares, compared to its average volume of 650. iShares iBonds Dec 2034 Term Treasury ETF has a 1-year low of $24.90 and a 1-year high of $26.97. The business has a 50-day moving average of $25.50.

iShares iBonds Dec 2034 Term Treasury ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, December 2nd were given a dividend of $0.0809 per share. This is a positive change from iShares iBonds Dec 2034 Term Treasury ETF’s previous dividend of $0.07. The ex-dividend date of this dividend was Monday, December 2nd.

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. Atlantic Union Bankshares Corp bought a new position in shares of iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 482,441 shares of the company’s stock, valued at approximately $12,745,000. Atlantic Union Bankshares Corp owned 35.74% of iShares iBonds Dec 2034 Term Treasury ETF at the end of the most recent quarter.