iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Short Interest Up 59.9% in December

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 289,025 shares, a growth of 59.9% from the December 15th total of 180,738 shares. Based on an average daily trading volume, of 542,589 shares, the short-interest ratio is presently 0.5 days. Currently, 0.6% of the shares of the company are sold short. Currently, 0.6% of the shares of the company are sold short. Based on an average daily trading volume, of 542,589 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On iShares iBonds Dec 2029 Term Treasury ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the business. United Capital Financial Advisors LLC lifted its stake in iShares iBonds Dec 2029 Term Treasury ETF by 65.5% during the 3rd quarter. United Capital Financial Advisors LLC now owns 805,137 shares of the company’s stock valued at $17,677,000 after acquiring an additional 318,717 shares during the period. NewEdge Advisors LLC raised its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 713.5% during the third quarter. NewEdge Advisors LLC now owns 386,300 shares of the company’s stock worth $8,481,000 after purchasing an additional 338,814 shares during the last quarter. Rebalance LLC lifted its position in iShares iBonds Dec 2029 Term Treasury ETF by 22.3% during the fourth quarter. Rebalance LLC now owns 255,822 shares of the company’s stock valued at $5,614,000 after purchasing an additional 46,663 shares during the period. Strategic Blueprint LLC lifted its position in iShares iBonds Dec 2029 Term Treasury ETF by 395.7% during the third quarter. Strategic Blueprint LLC now owns 186,646 shares of the company’s stock valued at $4,098,000 after purchasing an additional 148,992 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings in iShares iBonds Dec 2029 Term Treasury ETF by 188.3% in the third quarter. Ameriprise Financial Inc. now owns 177,997 shares of the company’s stock valued at $3,890,000 after purchasing an additional 116,250 shares during the last quarter.

iShares iBonds Dec 2029 Term Treasury ETF Price Performance

NASDAQ IBTJ opened at $21.91 on Friday. The stock’s fifty day moving average price is $21.96 and its 200 day moving average price is $21.93. iShares iBonds Dec 2029 Term Treasury ETF has a 1 year low of $21.26 and a 1 year high of $22.08.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were paid a $0.0634 dividend. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date was Friday, December 19th.

About iShares iBonds Dec 2029 Term Treasury ETF

The iShares iBonds Dec 2029 Term Treasury ETF (IBTJ) is an exchange-traded fund that is based on the ICE 2029 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2029. The fund will terminate in December 2029. IBTJ was launched on Feb 25, 2020 and is managed by BlackRock.