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

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 234,926 shares, a growth of 74.2% from the April 30th total of 134,879 shares. Based on an average trading volume of 201,788 shares, the short-interest ratio is currently 1.2 days. Approximately 0.5% of the shares of the company are sold short.

iShares iBonds Dec 2030 Term Treasury ETF Stock Performance

IBTK remained flat at $19.50 during trading on Tuesday. 288,855 shares of the company’s stock traded hands, compared to its average volume of 238,043. iShares iBonds Dec 2030 Term Treasury ETF has a fifty-two week low of $19.42 and a fifty-two week high of $20.07. The stock has a 50 day moving average price of $19.63 and a 200 day moving average price of $19.78.

iShares iBonds Dec 2030 Term Treasury ETF Announces Dividend

The firm also recently declared a dividend, which will be paid on Thursday, June 4th. Shareholders of record on Monday, June 1st will be given a $0.0631 dividend. The ex-dividend date is Monday, June 1st.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Holos Integrated Wealth LLC bought a new position in iShares iBonds Dec 2030 Term Treasury ETF in the fourth quarter worth approximately $41,000. Kohmann Bosshard Financial Services LLC bought a new position in iShares iBonds Dec 2030 Term Treasury ETF in the fourth quarter worth approximately $49,000. Crews Bank & Trust raised its position in iShares iBonds Dec 2030 Term Treasury ETF by 348.8% in the fourth quarter. Crews Bank & Trust now owns 8,975 shares of the company’s stock worth $178,000 after acquiring an additional 6,975 shares during the period. Midwest Professional Planners LTD. raised its position in iShares iBonds Dec 2030 Term Treasury ETF by 6.3% in the first quarter. Midwest Professional Planners LTD. now owns 10,900 shares of the company’s stock worth $215,000 after acquiring an additional 642 shares during the period. Finally, Heartland Bank & Trust Co bought a new position in iShares iBonds Dec 2030 Term Treasury ETF in the fourth quarter worth approximately $351,000.

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.