iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Sees Large Increase in Short Interest

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) was the target of a large growth in short interest in 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 volume of 60,200 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Trading of iShares iBonds Dec 2030 Term Treasury ETF

Several large investors have recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC raised its holdings 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 valued at $532,000 after buying an additional 1,812 shares in the last quarter. Boston Family Office LLC increased its holdings in shares of iShares iBonds Dec 2030 Term Treasury ETF by 7.5% during the 3rd quarter. Boston Family Office LLC now owns 72,192 shares of the company’s stock valued at $1,447,000 after acquiring an additional 5,027 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of iShares iBonds Dec 2030 Term Treasury ETF by 2.0% during the 3rd quarter. Janney Montgomery Scott LLC now owns 118,050 shares of the company’s stock valued at $2,366,000 after acquiring an additional 2,352 shares during the last quarter. Farther Finance Advisors LLC acquired a new stake in iShares iBonds Dec 2030 Term Treasury ETF in the 3rd quarter worth approximately $50,000. Finally, Waterloo Capital L.P. boosted its position 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.

iShares iBonds Dec 2030 Term Treasury ETF Stock Performance

Shares of NASDAQ:IBTK opened at $19.20 on Tuesday. iShares iBonds Dec 2030 Term Treasury ETF has a 52 week low of $18.84 and a 52 week high of $20.19. The firm has a 50 day simple moving average of $19.38 and a 200 day simple moving average of $19.60.

iShares iBonds Dec 2030 Term Treasury ETF Cuts Dividend

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

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.