iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Sees Large Growth in Short Interest

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 289,025 shares, a growth of 59.9% from the December 15th total of 180,738 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average trading volume of 542,589 shares, the days-to-cover ratio is presently 0.5 days. Based on an average trading volume of 542,589 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.6% of the company’s shares are short sold.

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

A number of hedge funds have recently modified their holdings of the company. Pinnacle Bancorp Inc. purchased a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF during the third quarter worth about $101,000. Opus Capital Group LLC bought a new position in iShares iBonds Dec 2029 Term Treasury ETF during the 3rd quarter valued at approximately $274,000. Crews Bank & Trust raised its position in iShares iBonds Dec 2029 Term Treasury ETF by 3.4% during the 2nd quarter. Crews Bank & Trust now owns 14,160 shares of the company’s stock valued at $310,000 after purchasing an additional 460 shares during the last quarter. Heartland Bank & Trust Co lifted its holdings in iShares iBonds Dec 2029 Term Treasury ETF by 3.1% in the 2nd quarter. Heartland Bank & Trust Co now owns 18,350 shares of the company’s stock worth $402,000 after buying an additional 556 shares during the period. Finally, CNB Bank bought a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF in the 3rd quarter worth approximately $405,000.

iShares iBonds Dec 2029 Term Treasury ETF Trading Down 0.2%

Shares of IBTJ stock opened at $21.93 on Friday. iShares iBonds Dec 2029 Term Treasury ETF has a fifty-two week low of $21.26 and a fifty-two week high of $22.08. The stock has a 50 day moving average price of $21.96 and a two-hundred day moving average price of $21.93.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were given a dividend of $0.0634 per share. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) annualized dividend and a yield of 3.5%.

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.