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 large increase in short interest in the month of January. As of January 30th, there was short interest totaling 138,616 shares, an increase of 32.6% from the January 15th total of 104,544 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 311,282 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 311,282 shares, the short-interest ratio is currently 0.4 days. Approximately 0.4% of the shares of the stock are short sold.

iShares iBonds Dec 2030 Term Treasury ETF Stock Performance

NASDAQ:IBTK opened at $19.97 on Monday. iShares iBonds Dec 2030 Term Treasury ETF has a twelve month low of $19.22 and a twelve month high of $20.02. The company has a 50-day moving average of $19.84 and a 200-day moving average of $19.87.

iShares iBonds Dec 2030 Term Treasury ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a $0.0614 dividend. This is a positive change from iShares iBonds Dec 2030 Term Treasury ETF’s previous monthly dividend of $0.06. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Monday, February 2nd.

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

A number of institutional investors and hedge funds have recently bought and sold shares of IBTK. Titleist Asset Management LLC increased its holdings in iShares iBonds Dec 2030 Term Treasury ETF by 139.2% in the 2nd quarter. Titleist Asset Management LLC now owns 1,029,829 shares of the company’s stock valued at $20,432,000 after buying an additional 599,331 shares during the period. NewEdge Advisors LLC increased its position in iShares iBonds Dec 2030 Term Treasury ETF by 5,624.5% in the 3rd quarter. NewEdge Advisors LLC now owns 420,862 shares of the company’s stock valued at $8,365,000 after acquiring an additional 413,510 shares in the last quarter. Rebalance LLC raised its stake in shares of iShares iBonds Dec 2030 Term Treasury ETF by 2,181.9% in the fourth quarter. Rebalance LLC now owns 259,748 shares of the company’s stock worth $5,155,000 after acquiring an additional 248,365 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of iShares iBonds Dec 2030 Term Treasury ETF by 105.8% during the third quarter. Ameriprise Financial Inc. now owns 239,816 shares of the company’s stock worth $4,749,000 after purchasing an additional 123,261 shares in the last quarter. Finally, Hughes Financial Services LLC acquired a new position in shares of iShares iBonds Dec 2030 Term Treasury ETF during the fourth quarter worth approximately $2,150,000.

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.