Short Interest in iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Decreases By 19.9%

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) was the recipient of a significant decrease in short interest in December. As of December 31st, there was short interest totaling 95,389 shares, a decrease of 19.9% from the December 15th total of 119,039 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average trading volume of 553,945 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 553,945 shares, the short-interest ratio is currently 0.2 days. Approximately 0.3% of the company’s stock are short sold.

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

Institutional investors have recently modified their holdings of the business. Titleist Asset Management LLC raised its stake in iShares iBonds Dec 2030 Term Treasury ETF by 2.8% during the third quarter. Titleist Asset Management LLC now owns 1,058,330 shares of the company’s stock worth $21,034,000 after acquiring an additional 28,501 shares during the period. NewEdge Advisors LLC grew its holdings in shares of iShares iBonds Dec 2030 Term Treasury ETF by 5,624.5% during the third quarter. NewEdge Advisors LLC now owns 420,862 shares of the company’s stock valued at $8,365,000 after purchasing an additional 413,510 shares during the last quarter. Rebalance LLC raised its position in shares of iShares iBonds Dec 2030 Term Treasury ETF by 2,181.9% during the 4th quarter. Rebalance LLC now owns 259,748 shares of the company’s stock worth $5,155,000 after purchasing an additional 248,365 shares during the period. Ameriprise Financial Inc. raised its position in shares of iShares iBonds Dec 2030 Term Treasury ETF by 105.8% during the 3rd 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 during the period. Finally, United Capital Financial Advisors LLC lifted its holdings in shares of iShares iBonds Dec 2030 Term Treasury ETF by 65.6% in the 3rd quarter. United Capital Financial Advisors LLC now owns 234,520 shares of the company’s stock worth $4,661,000 after purchasing an additional 92,887 shares during the last quarter.

iShares iBonds Dec 2030 Term Treasury ETF Stock Performance

Shares of IBTK stock traded down $0.03 on Monday, hitting $19.80. 608,542 shares of the stock traded hands, compared to its average volume of 348,022. The company’s fifty day moving average is $19.87 and its 200 day moving average is $19.84. iShares iBonds Dec 2030 Term Treasury ETF has a 1-year low of $19.11 and a 1-year high of $20.02.

iShares iBonds Dec 2030 Term Treasury ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were given a $0.0587 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Friday, December 19th.

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.