iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Short Interest Update

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 48,900 shares, an increase of 6.8% from the November 30th total of 45,800 shares. Based on an average daily volume of 129,500 shares, the short-interest ratio is presently 0.4 days.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IBTJ. Janney Montgomery Scott LLC lifted its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 2.4% in the 3rd quarter. Janney Montgomery Scott LLC now owns 78,626 shares of the company’s stock valued at $1,738,000 after purchasing an additional 1,859 shares during the last quarter. Farther Finance Advisors LLC purchased a new stake in iShares iBonds Dec 2029 Term Treasury ETF in the third quarter valued at approximately $50,000. Boston Family Office LLC boosted its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 12.5% in the third quarter. Boston Family Office LLC now owns 70,876 shares of the company’s stock valued at $1,567,000 after acquiring an additional 7,864 shares during the period. Cary Street Partners Asset Management LLC purchased a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF during the third quarter worth approximately $252,000. Finally, Leavell Investment Management Inc. purchased a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF during the third quarter worth approximately $317,000.

iShares iBonds Dec 2029 Term Treasury ETF Price Performance

iShares iBonds Dec 2029 Term Treasury ETF stock opened at $21.33 on Thursday. The company has a fifty day simple moving average of $21.45 and a 200-day simple moving average of $21.67. iShares iBonds Dec 2029 Term Treasury ETF has a 12-month low of $20.95 and a 12-month high of $22.22.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.0709 per share. This represents a $0.85 dividend on an annualized basis and a yield of 3.99%. The ex-dividend date was Wednesday, December 18th.

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.