Short Interest in iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Drops By 36.4%

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) saw a large drop in short interest in January. As of January 30th, there was short interest totaling 123,800 shares, a drop of 36.4% from the January 15th total of 194,801 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average trading volume of 315,639 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 315,639 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the company’s stock are sold short.

Hedge Funds Weigh In On iShares iBonds Dec 2029 Term Treasury ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Captrust Financial Advisors lifted its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 0.7% in the 3rd quarter. Captrust Financial Advisors now owns 94,729 shares of the company’s stock worth $2,080,000 after acquiring an additional 674 shares during the period. Heartland Bank & Trust Co boosted its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 6.8% in the third quarter. Heartland Bank & Trust Co now owns 19,589 shares of the company’s stock worth $430,000 after buying an additional 1,239 shares during the period. Cary Street Partners Financial LLC grew its position in iShares iBonds Dec 2029 Term Treasury ETF by 3.2% during the 2nd quarter. Cary Street Partners Financial LLC now owns 40,960 shares of the company’s stock worth $898,000 after purchasing an additional 1,289 shares in the last quarter. Opus Capital Group LLC boosted its position in iShares iBonds Dec 2029 Term Treasury ETF by 11.2% during the fourth quarter. Opus Capital Group LLC now owns 13,900 shares of the company’s stock valued at $305,000 after purchasing an additional 1,400 shares during the last quarter. Finally, Crews Bank & Trust raised its stake in iShares iBonds Dec 2029 Term Treasury ETF by 12.9% during the 3rd quarter. Crews Bank & Trust now owns 15,990 shares of the company’s stock valued at $351,000 after purchasing an additional 1,830 shares during the last quarter.

iShares iBonds Dec 2029 Term Treasury ETF Price Performance

Shares of IBTJ traded up $0.05 during mid-day trading on Friday, hitting $22.05. The stock had a trading volume of 54,100 shares, compared to its average volume of 370,261. iShares iBonds Dec 2029 Term Treasury ETF has a fifty-two week low of $21.35 and a fifty-two week high of $22.08. The company’s fifty day simple moving average is $21.94 and its two-hundred day simple moving average is $21.95.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a $0.0705 dividend. This is a boost from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.06. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%.

About iShares iBonds Dec 2029 Term Treasury ETF

The iShares iBonds Dec 2029 Term Treasury ETF (IBTJ) is an exchange-traded fund that is based on the ICE 2029 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2029. The fund will terminate in December 2029. IBTJ was launched on Feb 25, 2020 and is managed by BlackRock.