iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Sees Large Growth in Short Interest

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) saw a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 214,361 shares, an increase of 128.5% from the February 12th total of 93,801 shares. Based on an average daily volume of 132,426 shares, the days-to-cover ratio is currently 1.6 days. Approximately 0.5% of the company’s shares are short sold. Approximately 0.5% of the company’s shares are short sold. Based on an average daily volume of 132,426 shares, the days-to-cover ratio is currently 1.6 days.

Institutional Trading of iShares iBonds Dec 2030 Term Treasury ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Crews Bank & Trust increased its position in iShares iBonds Dec 2030 Term Treasury ETF by 66.7% during the 3rd quarter. Crews Bank & Trust now owns 2,000 shares of the company’s stock valued at $40,000 after purchasing an additional 800 shares during the period. CNB Bank acquired a new position in shares of iShares iBonds Dec 2030 Term Treasury ETF in the 3rd quarter worth approximately $41,000. Holos Integrated Wealth LLC bought a new stake in shares of iShares iBonds Dec 2030 Term Treasury ETF in the 4th quarter valued at $41,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of iShares iBonds Dec 2030 Term Treasury ETF in the 4th quarter valued at $49,000. Finally, Heartland Bank & Trust Co acquired a new stake in shares of iShares iBonds Dec 2030 Term Treasury ETF during the fourth quarter worth $351,000.

iShares iBonds Dec 2030 Term Treasury ETF Price Performance

Shares of NASDAQ:IBTK opened at $19.75 on Friday. iShares iBonds Dec 2030 Term Treasury ETF has a 12-month low of $19.37 and a 12-month high of $20.07. The business has a fifty day simple moving average of $19.86 and a 200 day simple moving average of $19.88.

iShares iBonds Dec 2030 Term Treasury ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a dividend of $0.057 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date was Monday, March 2nd.

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.