Short Interest in iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Drops By 39.4%

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totalling 15,700 shares, a decrease of 39.4% from the September 15th total of 25,900 shares. Based on an average daily trading volume, of 50,600 shares, the days-to-cover ratio is presently 0.3 days.

Hedge Funds Weigh In On iShares iBonds Dec 2030 Term Treasury ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Comerica Bank grew its holdings in iShares iBonds Dec 2030 Term Treasury ETF by 210.2% in the first quarter. Comerica Bank now owns 9,741 shares of the company’s stock worth $189,000 after purchasing an additional 6,601 shares during the last quarter. WASHINGTON TRUST Co grew its stake in iShares iBonds Dec 2030 Term Treasury ETF by 10.8% during the 2nd quarter. WASHINGTON TRUST Co now owns 13,625 shares of the company’s stock worth $263,000 after buying an additional 1,325 shares during the last quarter. Waterloo Capital L.P. increased its position in iShares iBonds Dec 2030 Term Treasury ETF by 30.9% during the 2nd quarter. Waterloo Capital L.P. now owns 15,351 shares of the company’s stock valued at $296,000 after buying an additional 3,627 shares in the last quarter. NBC Securities Inc. purchased a new stake in iShares iBonds Dec 2030 Term Treasury ETF in the first quarter valued at about $775,000. Finally, Janney Montgomery Scott LLC acquired a new stake in iShares iBonds Dec 2030 Term Treasury ETF in the first quarter worth about $2,167,000.

iShares iBonds Dec 2030 Term Treasury ETF Price Performance

NASDAQ IBTK opened at $19.69 on Monday. iShares iBonds Dec 2030 Term Treasury ETF has a one year low of $18.45 and a one year high of $20.19. The company’s 50-day simple moving average is $19.95 and its two-hundred day simple moving average is $19.48.

iShares iBonds Dec 2030 Term Treasury ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.0637 per share. The ex-dividend date was Tuesday, September 3rd.

iShares iBonds Dec 2030 Term Treasury ETF Company Profile

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.