iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Short Interest Up 122.1% in August

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 323,718 shares, an increase of 122.1% from the July 30th total of 145,744 shares. Based on an average daily volume of 223,471 shares, the days-to-cover ratio is currently 1.4 days. Currently, 0.5% of the company’s shares are short sold.

iShares iBonds Dec 2029 Term Treasury ETF Stock Performance

Shares of iShares iBonds Dec 2029 Term Treasury ETF stock opened at $21.53 on Monday. The stock’s 50-day moving average is $21.57 and its 200 day moving average is $21.71. iShares iBonds Dec 2029 Term Treasury ETF has a one year low of $21.49 and a one year high of $22.13.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were paid a $0.0686 dividend. The ex-dividend date was Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 3.8%. This is an increase from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.07.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Basepoint Wealth LLC acquired a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF during the first quarter valued at about $44,000. High Note Wealth LLC acquired a new stake in iShares iBonds Dec 2029 Term Treasury ETF in the 4th quarter valued at $61,000. Pinnacle Bancorp Inc. increased its stake in iShares iBonds Dec 2029 Term Treasury ETF by 14.9% during the 1st quarter. Pinnacle Bancorp Inc. now owns 5,277 shares of the company’s stock valued at $115,000 after purchasing an additional 683 shares in the last quarter. Koss Olinger Consulting LLC acquired a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF during the first quarter valued at about $280,000. Finally, Advisory Services Network LLC grew its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 1,083.9% during the fourth quarter. Advisory Services Network LLC now owns 12,928 shares of the company’s stock valued at $284,000 after buying an additional 11,836 shares during the last quarter.

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.