Short Interest in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Increases By 24.0%

iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 63,890,000 shares, a growth of 24.0% from the August 31st total of 51,540,000 shares. Based on an average daily volume of 37,656,900 shares, the short-interest ratio is currently 1.7 days.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ TLT opened at $98.57 on Monday. The firm has a market capitalization of $58.43 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The company has a 50 day simple moving average of $97.44 and a 200-day simple moving average of $93.74. iShares 20+ Year Treasury Bond ETF has a 52-week low of $82.42 and a 52-week high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.3128 per share. The ex-dividend date was Tuesday, September 3rd.

Hedge Funds Weigh In On iShares 20+ Year Treasury Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of TLT. Motco purchased a new position in iShares 20+ Year Treasury Bond ETF in the first quarter valued at about $32,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at approximately $34,000. Riggs Asset Managment Co. Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at approximately $35,000. Anfield Capital Management LLC acquired a new position in iShares 20+ Year Treasury Bond ETF in the second quarter worth approximately $36,000. Finally, Palisade Asset Management LLC bought a new position in iShares 20+ Year Treasury Bond ETF during the first quarter valued at approximately $37,000. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

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.