iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Short Interest Update

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) was the recipient of a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 95,389 shares, a drop of 19.9% from the December 15th total of 119,039 shares. Based on an average trading volume of 553,945 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.3% of the company’s shares are sold short. Currently, 0.3% of the company’s shares are sold short. Based on an average trading volume of 553,945 shares, the days-to-cover ratio is presently 0.2 days.

iShares iBonds Dec 2030 Term Treasury ETF Trading Down 0.2%

IBTK traded down $0.03 during trading on Monday, hitting $19.80. The company’s stock had a trading volume of 608,542 shares, compared to its average volume of 348,022. iShares iBonds Dec 2030 Term Treasury ETF has a twelve month low of $19.11 and a twelve month high of $20.02. The firm’s 50 day moving average price is $19.87 and its 200-day moving average price is $19.84.

iShares iBonds Dec 2030 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 issued a dividend of $0.0587 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Friday, December 19th.

Hedge Funds Weigh In On iShares iBonds Dec 2030 Term Treasury ETF

A number of large investors have recently modified their holdings of the company. Rebalance LLC grew its holdings in shares of iShares iBonds Dec 2030 Term Treasury ETF by 2,181.9% during the 4th quarter. Rebalance LLC now owns 259,748 shares of the company’s stock worth $5,155,000 after purchasing an additional 248,365 shares during the period. Montecito Bank & Trust grew its stake in iShares iBonds Dec 2030 Term Treasury ETF by 35.7% during the fourth quarter. Montecito Bank & Trust now owns 35,072 shares of the company’s stock worth $696,000 after buying an additional 9,230 shares during the period. Old Port Advisors increased its position in shares of iShares iBonds Dec 2030 Term Treasury ETF by 7.5% in the fourth quarter. Old Port Advisors now owns 68,324 shares of the company’s stock worth $1,356,000 after acquiring an additional 4,757 shares in the last quarter. Holos Integrated Wealth LLC purchased a new position in shares of iShares iBonds Dec 2030 Term Treasury ETF in the 4th quarter valued at $41,000. Finally, Reliant Wealth Planning lifted its holdings in shares of iShares iBonds Dec 2030 Term Treasury ETF by 5.2% during the 3rd quarter. Reliant Wealth Planning now owns 18,538 shares of the company’s stock valued at $368,000 after acquiring an additional 909 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.