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

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) was the target of a large decrease in short interest during the month of September. As of September 30th, there was short interest totalling 15,700 shares, a decrease of 39.4% from the September 15th total of 25,900 shares. Based on an average daily volume of 50,600 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Comerica Bank raised its position in shares of iShares iBonds Dec 2030 Term Treasury ETF by 210.2% in the 1st quarter. Comerica Bank now owns 9,741 shares of the company’s stock worth $189,000 after acquiring an additional 6,601 shares in the last quarter. WASHINGTON TRUST Co grew its stake in iShares iBonds Dec 2030 Term Treasury ETF by 10.8% in the second quarter. WASHINGTON TRUST Co now owns 13,625 shares of the company’s stock worth $263,000 after purchasing an additional 1,325 shares during the period. Waterloo Capital L.P. raised its holdings in iShares iBonds Dec 2030 Term Treasury ETF by 30.9% in 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 in the last quarter. NBC Securities Inc. purchased a new position in iShares iBonds Dec 2030 Term Treasury ETF during the first quarter valued at $775,000. Finally, Janney Montgomery Scott LLC bought a new stake in shares of iShares iBonds Dec 2030 Term Treasury ETF during the 1st quarter valued at $2,167,000.

iShares iBonds Dec 2030 Term Treasury ETF Trading Up 0.1 %

Shares of IBTK stock opened at $19.70 on Friday. iShares iBonds Dec 2030 Term Treasury ETF has a fifty-two week low of $18.45 and a fifty-two week high of $20.19. The business’s 50 day moving average price is $19.95 and its 200-day moving average price is $19.48.

iShares iBonds Dec 2030 Term Treasury ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a $0.0637 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

iShares iBonds Dec 2030 Term Treasury ETF Company Profile

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.