Short Interest in iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Rises By 74.2%

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 265,212 shares, a growth of 74.2% from the June 15th total of 152,219 shares. Based on an average daily volume of 189,036 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.6% of the company’s stock are short sold.

iShares iBonds Dec 2030 Term Treasury ETF Price Performance

iShares iBonds Dec 2030 Term Treasury ETF stock opened at $19.47 on Friday. iShares iBonds Dec 2030 Term Treasury ETF has a 1-year low of $19.38 and a 1-year high of $20.07. The business has a fifty day moving average price of $19.50 and a 200-day moving average price of $19.69.

iShares iBonds Dec 2030 Term Treasury ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.0605 per share. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 3.7%.

Institutional Trading of iShares iBonds Dec 2030 Term Treasury ETF

A number of institutional investors have recently bought and sold shares of IBTK. Titleist Asset Management LLC increased its stake in iShares iBonds Dec 2030 Term Treasury ETF by 9.5% during the 4th quarter. Titleist Asset Management LLC now owns 1,158,487 shares of the company’s stock valued at $22,990,000 after purchasing an additional 100,157 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of iShares iBonds Dec 2030 Term Treasury ETF by 6.6% during the first quarter. NewEdge Advisors LLC now owns 500,133 shares of the company’s stock valued at $9,863,000 after buying an additional 30,944 shares during the last quarter. Rebalance LLC increased its position in shares of iShares iBonds Dec 2030 Term Treasury ETF by 2,181.9% in the 4th quarter. Rebalance LLC now owns 259,748 shares of the company’s stock valued at $5,155,000 after acquiring an additional 248,365 shares during the period. Ameriprise Financial Inc. raised its stake in iShares iBonds Dec 2030 Term Treasury ETF by 105.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 239,816 shares of the company’s stock worth $4,749,000 after acquiring an additional 123,261 shares during the last quarter. Finally, United Capital Financial Advisors LLC lifted its position in iShares iBonds Dec 2030 Term Treasury ETF by 65.6% during the 3rd quarter. United Capital Financial Advisors LLC now owns 234,520 shares of the company’s stock worth $4,661,000 after acquiring an additional 92,887 shares during the period.

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.