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

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) saw a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 93,801 shares, a decrease of 32.3% from the January 29th total of 138,616 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 227,193 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 227,193 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the company’s stock are short sold.

iShares iBonds Dec 2030 Term Treasury ETF Trading Down 0.7%

Shares of NASDAQ:IBTK traded down $0.15 on Monday, reaching $19.92. The company had a trading volume of 176,078 shares, compared to its average volume of 254,517. iShares iBonds Dec 2030 Term Treasury ETF has a 52-week low of $19.37 and a 52-week high of $20.07. The firm’s 50 day simple moving average is $19.86 and its 200-day simple moving average is $19.88.

iShares iBonds Dec 2030 Term Treasury ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd will be paid a $0.057 dividend. This represents a c) annualized dividend and a yield of 3.4%. The ex-dividend date is Monday, March 2nd.

Institutional Trading of iShares iBonds Dec 2030 Term Treasury ETF

Several hedge funds have recently modified their holdings of the company. Crews Bank & Trust boosted its holdings in shares of iShares iBonds Dec 2030 Term Treasury ETF by 66.7% in the 3rd quarter. Crews Bank & Trust now owns 2,000 shares of the company’s stock valued at $40,000 after buying an additional 800 shares in the last quarter. Reliant Wealth Planning lifted its position in iShares iBonds Dec 2030 Term Treasury ETF by 5.2% during the third quarter. Reliant Wealth Planning now owns 18,538 shares of the company’s stock valued at $368,000 after acquiring an additional 909 shares during the last quarter. CNB Bank purchased a new stake in iShares iBonds Dec 2030 Term Treasury ETF during the third quarter valued at approximately $41,000. Holos Integrated Wealth LLC acquired a new stake in iShares iBonds Dec 2030 Term Treasury ETF in the fourth quarter valued at approximately $41,000. Finally, NewEdge Advisors LLC boosted its stake in iShares iBonds Dec 2030 Term Treasury ETF by 5.3% in the first quarter. NewEdge Advisors LLC now owns 43,479 shares of the company’s stock valued at $855,000 after acquiring an additional 2,180 shares in 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.