Short Interest in iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Declines By 54.5%

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) was the target of a significant decrease in short interest in December. As of December 31st, there was short interest totalling 16,600 shares, a decrease of 54.5% from the December 15th total of 36,500 shares. Based on an average trading volume of 78,800 shares, the days-to-cover ratio is currently 0.2 days.

iShares iBonds Dec 2030 Term Treasury ETF Price Performance

NASDAQ:IBTK traded up $0.01 on Tuesday, reaching $19.01. The stock had a trading volume of 150,251 shares, compared to its average volume of 160,106. iShares iBonds Dec 2030 Term Treasury ETF has a 12-month low of $18.84 and a 12-month high of $20.19. The firm’s fifty day moving average is $19.29 and its two-hundred day moving average is $19.58.

iShares iBonds Dec 2030 Term Treasury ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a dividend of $0.0638 per share. This represents a $0.77 annualized dividend and a dividend yield of 4.03%. The ex-dividend date of this dividend was Wednesday, December 18th.

Institutional Trading of iShares iBonds Dec 2030 Term Treasury ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Farther Finance Advisors LLC purchased a new position in shares of iShares iBonds Dec 2030 Term Treasury ETF during the 3rd quarter worth $50,000. Waterloo Capital L.P. lifted its position in iShares iBonds Dec 2030 Term Treasury ETF by 30.9% during the second quarter. Waterloo Capital L.P. now owns 15,351 shares of the company’s stock worth $296,000 after buying an additional 3,627 shares during the period. Integrated Wealth Concepts LLC lifted its position in iShares iBonds Dec 2030 Term Treasury ETF by 7.3% during the third quarter. Integrated Wealth Concepts LLC now owns 26,534 shares of the company’s stock worth $532,000 after buying an additional 1,812 shares during the period. Boston Family Office LLC boosted its stake in iShares iBonds Dec 2030 Term Treasury ETF by 7.5% in the 3rd quarter. Boston Family Office LLC now owns 72,192 shares of the company’s stock worth $1,447,000 after buying an additional 5,027 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its holdings in iShares iBonds Dec 2030 Term Treasury ETF by 2.0% in the 3rd quarter. Janney Montgomery Scott LLC now owns 118,050 shares of the company’s stock valued at $2,366,000 after buying an additional 2,352 shares during the period.

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.