iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Short Interest Up 121.4% in September

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 183,300 shares, a growth of 121.4% from the September 15th total of 82,800 shares. Based on an average daily volume of 159,800 shares, the short-interest ratio is presently 1.1 days. Based on an average daily volume of 159,800 shares, the short-interest ratio is presently 1.1 days.

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

Several hedge funds and other institutional investors have recently made changes to their positions in IBTJ. Rebalance LLC raised its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 201.9% during the second quarter. Rebalance LLC now owns 178,285 shares of the company’s stock valued at $3,908,000 after acquiring an additional 119,226 shares during the period. Titleist Asset Management LLC bought a new stake in iShares iBonds Dec 2029 Term Treasury ETF in the first quarter worth approximately $1,574,000. Baird Financial Group Inc. boosted its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 141.8% during the 2nd quarter. Baird Financial Group Inc. now owns 103,277 shares of the company’s stock worth $2,264,000 after buying an additional 60,569 shares during the period. Montecito Bank & Trust bought a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF during the 3rd quarter worth $1,175,000. Finally, NewEdge Advisors LLC boosted its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 25.6% during the 1st quarter. NewEdge Advisors LLC now owns 165,183 shares of the company’s stock worth $3,596,000 after buying an additional 33,703 shares during the period.

iShares iBonds Dec 2029 Term Treasury ETF Stock Performance

Shares of NASDAQ IBTJ opened at $22.06 on Wednesday. iShares iBonds Dec 2029 Term Treasury ETF has a 1 year low of $21.15 and a 1 year high of $22.08. The firm’s 50 day moving average price is $21.96 and its 200 day moving average price is $21.83.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were issued a dividend of $0.0688 per share. The ex-dividend date was Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 3.7%.

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.