iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Short Interest Up 28.1% in December

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 36,500 shares, a growth of 28.1% from the November 30th total of 28,500 shares. Based on an average daily trading volume, of 60,200 shares, the short-interest ratio is currently 0.6 days.

iShares iBonds Dec 2030 Term Treasury ETF Price Performance

IBTK stock opened at $19.20 on Tuesday. The business’s 50-day simple moving average is $19.38 and its 200 day simple moving average is $19.60. iShares iBonds Dec 2030 Term Treasury ETF has a twelve month low of $18.84 and a twelve month high of $20.19.

iShares iBonds Dec 2030 Term Treasury ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a $0.0638 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $0.77 annualized dividend and a yield of 3.99%.

Institutional Investors Weigh In On iShares iBonds Dec 2030 Term Treasury ETF

Several institutional investors and hedge funds have recently bought and sold shares of IBTK. Farther Finance Advisors LLC bought a new position in shares of iShares iBonds Dec 2030 Term Treasury ETF during the 3rd quarter worth about $50,000. Waterloo Capital L.P. lifted its stake in iShares iBonds Dec 2030 Term Treasury ETF by 30.9% during the second quarter. Waterloo Capital L.P. now owns 15,351 shares of the company’s stock worth $296,000 after purchasing an additional 3,627 shares during the period. Integrated Wealth Concepts LLC lifted its stake in iShares iBonds Dec 2030 Term Treasury ETF by 7.3% during the third quarter. Integrated Wealth Concepts LLC now owns 26,534 shares of the company’s stock worth $532,000 after purchasing an additional 1,812 shares during the period. Boston Family Office LLC grew its stake in shares of iShares iBonds Dec 2030 Term Treasury ETF by 7.5% in the 3rd quarter. Boston Family Office LLC now owns 72,192 shares of the company’s stock valued at $1,447,000 after purchasing an additional 5,027 shares during the period. Finally, Janney Montgomery Scott LLC raised its holdings in shares of iShares iBonds Dec 2030 Term Treasury ETF by 2.0% in the 3rd quarter. Janney Montgomery Scott LLC now owns 118,050 shares of the company’s stock worth $2,366,000 after buying an additional 2,352 shares in the last quarter.

About iShares iBonds Dec 2030 Term Treasury ETF

The iShares iBonds Dec 2030 Term Treasury ETF (IBTK) is an exchange-traded fund that is based on the ICE 2030 Maturity US Treasury index. The fund tracks a market value-weighted index of US Treasury bonds maturing between January and December 2030. The fund will terminate in December 2030. IBTK was launched on Jul 14, 2020 and is managed by BlackRock.