iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Stock Short Interest Climbs 109.3%

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK – Get Free Report) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 582,993 shares, an increase of 109.3% from the September 30th total of 278,550 shares. Approximately 0.9% of the company’s shares are sold short. Based on an average daily volume of 766,902 shares, the short-interest ratio is presently 0.8 days.

Institutional Trading of iShares iBonds Dec 2030 Term Treasury ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Farther Finance Advisors LLC bought a new position in iShares iBonds Dec 2030 Term Treasury ETF in the 3rd quarter valued at approximately $50,000. Midwest Professional Planners LTD. grew its position in iShares iBonds Dec 2030 Term Treasury ETF by 6.3% in the 1st quarter. Midwest Professional Planners LTD. now owns 10,900 shares of the company’s stock valued at $215,000 after purchasing an additional 642 shares during the period. Prime Capital Investment Advisors LLC bought a new stake in iShares iBonds Dec 2030 Term Treasury ETF during the 3rd quarter worth approximately $297,000. Heartland Bank & Trust Co raised its holdings in shares of iShares iBonds Dec 2030 Term Treasury ETF by 27.7% in the first quarter. Heartland Bank & Trust Co now owns 22,603 shares of the company’s stock valued at $446,000 after purchasing an additional 4,897 shares during the last quarter. Finally, Reliant Wealth Planning increased its position in shares of iShares iBonds Dec 2030 Term Treasury ETF by 12.8% during the first quarter. Reliant Wealth Planning now owns 41,998 shares of the company’s stock valued at $828,000 after acquiring an additional 4,779 shares during the last quarter.

iShares iBonds Dec 2030 Term Treasury ETF Stock Performance

IBTK traded up $0.06 during trading hours on Friday, hitting $19.23. 289,827 shares of the company’s stock were exchanged, compared to its average volume of 317,843. iShares iBonds Dec 2030 Term Treasury ETF has a 1-year low of $18.91 and a 1-year high of $20.07. The stock’s 50-day moving average is $19.14 and its two-hundred day moving average is $19.51.

iShares iBonds Dec 2030 Term Treasury ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were issued a $0.0591 dividend. This is a decrease from iShares iBonds Dec 2030 Term Treasury ETF’s previous monthly dividend of $0.0619. This represents a $0.71 annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Thursday, October 1st.

iShares iBonds Dec 2030 Term Treasury ETF Company Profile

(Get Free Report)

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.

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