iShares International Treasury Bond ETF (NASDAQ:IGOV) Short Yield Up 114.2% in January

iShares International Treasury Bond ETF (NASDAQ:IGOV) benefited from a sharp increase in short interest in January. As of January 31, there was short interest totaling 386,400 shares, an increase of 114.2% from the total of 180,400 shares as of January 15. Based on an average daily volume of 155,600 shares, the short interest ratio is currently 2.5 days.

IGOV share opened at $48.54 on Monday. The company’s 50-day moving average price is $49.86. iShares International Treasury Bond ETF has a 1-year low of $48.34 and a 1-year high of $54.49.

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 22. Shareholders of record on Friday, December 17 received a dividend of $0.197. This is a boost from iShares International Treasury Bond ETF’s previous monthly dividend of $0.12. The ex-dividend date was Thursday, December 16. This represents an annualized dividend of $2.36 and a dividend yield of 4.87%.

Several hedge funds and other institutional investors have recently changed their positions in the company. Prudential Financial Inc. increased its holdings of iShares International Treasury Bond ETF shares by 0.5% in Q2. Prudential Financial Inc. now owns 38,813 shares of the company valued at $2,028,000 after acquiring 189 additional shares last quarter. AE Wealth Management LLC increased its holdings in iShares International Treasury Bond ETF by 0.5% during the third quarter. AE Wealth Management LLC now owns 40,938 shares of the company worth $2,102,000 after purchasing an additional 203 shares during the period. HighTower Advisors LLC increased its holdings in iShares International Treasury Bond ETF by 3.7% during the fourth quarter. HighTower Advisors LLC now owns 5,778 shares of the company worth $291,000 after purchasing an additional 205 shares during the period. Homrich & Berg increased its holdings in iShares International Treasury Bond ETF by 5.8% during the third quarter. Homrich & Berg now owns 5,191 shares of the company worth $267,000 after purchasing an additional 286 shares during the period. Finally, NEXT Financial Group Inc increased its holdings in iShares International Treasury Bond ETF by 5.3% during the third quarter. NEXT Financial Group Inc now owns 7,893 shares of the company worth $405,000 after purchasing 398 additional shares during the period.

(A d)

Fortune 500 companies, semiconductor producers and even some of the biggest sportswear manufacturers are all betting big investing in a market that Bloomberg Intelligence predicts could be worth $800 billion by 2024.

Get the free report with the 4 most promising stocks to capitalize on the revolutionary Metaverse.

iShares International Treasury Bond ETF Company Profile

iShares International Treasury Bond ETF, formerly iShares S&P/Citigroup International Treasury Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results which correspond to the price and yield performance of the S&P/Citigroup International Treasury Bond Ex US Index (the Index).

Read more

This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

Should you invest $1,000 in the iShares International Treasury Bond ETF right now?

Before you consider the iShares International Treasury Bond ETF, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated, top-performing research analysts daily and the stocks they recommend to their clients. MarketBeat identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market goes higher…and the iShares International Treasury Bond ETF didn’t make the list.

While the iShares International Treasury Bond ETF currently has an “N/A” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the 5 actions here

Comments are closed.