iShares iBonds Dec 2044 Term Treasury ETF (NASDAQ:IBGA) Short Interest Down 78.3% in March

iShares iBonds Dec 2044 Term Treasury ETF (NASDAQ:IBGA) saw 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. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 18,000 shares, the days-to-cover ratio is presently 0.1 days.

iShares iBonds Dec 2044 Term Treasury ETF Stock Up 1.1 %

Shares of IBGA opened at $25.18 on Friday. The business’s 50 day moving average is $24.92 and its two-hundred day moving average is $25.26. 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 declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a $0.0794 dividend. The ex-dividend date was Monday, March 3rd.

Institutional Inflows and Outflows

An institutional investor recently raised its position in iShares iBonds Dec 2044 Term Treasury ETF stock. Atlantic Union Bankshares Corp grew its stake in iShares iBonds Dec 2044 Term Treasury ETF (NASDAQ:IBGA) by 9.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 471,561 shares of the company’s stock after purchasing an additional 38,850 shares during the quarter. Atlantic Union Bankshares Corp owned approximately 23.58% of iShares iBonds Dec 2044 Term Treasury ETF worth $11,484,000 as of its most recent filing with the SEC.

About iShares iBonds Dec 2044 Term Treasury ETF

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.