Short Interest in iShares 20+ Year Treasury Bond ETF (TLT) Drops By 45.1%

iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) saw a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 8,295,335 shares, a drop of 45.1% from the January 15th total of 15,117,601 shares. Based on an average trading volume of 8,286,165 shares, the days-to-cover ratio is presently 1.0 days.

Institutional investors and hedge funds have recently modified their holdings of the company. Pinnacle Financial Partners Inc. increased its holdings in iShares 20+ Year Treasury Bond ETF by 4.6% in the fourth quarter. Pinnacle Financial Partners Inc. now owns 2,061 shares of the exchange traded fund’s stock worth $250,000 after purchasing an additional 90 shares in the last quarter. Nwam LLC increased its holdings in iShares 20+ Year Treasury Bond ETF by 2.7% in the fourth quarter. Nwam LLC now owns 6,597 shares of the exchange traded fund’s stock worth $802,000 after purchasing an additional 172 shares in the last quarter. Essex Savings Bank bought a new stake in iShares 20+ Year Treasury Bond ETF in the fourth quarter worth approximately $25,000. Winslow Evans & Crocker Inc. bought a new stake in iShares 20+ Year Treasury Bond ETF in the fourth quarter worth approximately $28,000. Finally, Stephens Inc. AR increased its holdings in iShares 20+ Year Treasury Bond ETF by 12.4% in the fourth quarter. Stephens Inc. AR now owns 2,181 shares of the exchange traded fund’s stock worth $265,000 after purchasing an additional 241 shares in the last quarter.

Shares of TLT opened at $121.87 on Tuesday. iShares 20+ Year Treasury Bond ETF has a 1 year low of $111.90 and a 1 year high of $123.86.

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 7th. Stockholders of record on Monday, February 4th were given a dividend of $0.2748 per share. The ex-dividend date of this dividend was Friday, February 1st. This represents a $3.30 dividend on an annualized basis and a dividend yield of 2.71%.

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iShares 20+ Year Treasury Bond ETF Company Profile

iShares 20+ Year Treasury Bond ETF (the Fund) is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of United States Treasury bonds with remaining maturities greater than 20 years. The Fund seeks to track the investment results of the Barclays U.S. 20+ Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of 20 or more years.

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