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 recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 36,500 shares, an increase 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.

iShares iBonds Dec 2030 Term Treasury ETF Stock Up 0.5 %

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

iShares iBonds Dec 2030 Term Treasury ETF Cuts Dividend

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

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

A number of hedge funds and other institutional investors have recently modified their holdings of IBTK. Integrated Wealth Concepts LLC lifted its holdings in shares of iShares iBonds Dec 2030 Term Treasury ETF by 7.3% in 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 during the period. Boston Family Office LLC raised its position in iShares iBonds Dec 2030 Term Treasury ETF by 7.5% in the third quarter. Boston Family Office LLC now owns 72,192 shares of the company’s stock worth $1,447,000 after acquiring an additional 5,027 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in 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 valued at $2,366,000 after acquiring an additional 2,352 shares during the last quarter. Farther Finance Advisors LLC bought a new position in shares of iShares iBonds Dec 2030 Term Treasury ETF during the 3rd quarter valued at about $50,000. Finally, Waterloo Capital L.P. grew its stake in shares of iShares iBonds Dec 2030 Term Treasury ETF by 30.9% in the 2nd 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 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.