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

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) was the recipient of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 75,900 shares, a growth of 22.8% from the January 31st total of 61,800 shares. Based on an average daily trading volume, of 228,100 shares, the days-to-cover ratio is presently 0.3 days.

iShares iBonds Dec 2029 Term Treasury ETF Stock Performance

Shares of IBTJ stock traded up $0.06 on Friday, reaching $21.68. The stock had a trading volume of 22,014 shares, compared to its average volume of 124,030. iShares iBonds Dec 2029 Term Treasury ETF has a 1 year low of $20.95 and a 1 year high of $22.22. The company has a 50 day simple moving average of $21.40 and a 200 day simple moving average of $21.61.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.0656 per share. This is a boost from iShares iBonds Dec 2029 Term Treasury ETF’s previous dividend of $0.07. The ex-dividend date was Monday, March 3rd.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Captrust Financial Advisors grew its position in shares of iShares iBonds Dec 2029 Term Treasury ETF by 204.1% during the 4th quarter. Captrust Financial Advisors now owns 49,490 shares of the company’s stock valued at $1,055,000 after acquiring an additional 33,214 shares during the period. Cary Street Partners Financial LLC purchased a new position in iShares iBonds Dec 2029 Term Treasury ETF during the fourth quarter valued at approximately $797,000. Baird Financial Group Inc. bought a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF in the fourth quarter worth approximately $664,000. Integrated Wealth Concepts LLC increased its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 43.3% in the fourth quarter. Integrated Wealth Concepts LLC now owns 48,000 shares of the company’s stock worth $1,024,000 after purchasing an additional 14,503 shares in the last quarter. Finally, NewEdge Advisors LLC increased its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 218.4% in the fourth quarter. NewEdge Advisors LLC now owns 131,480 shares of the company’s stock worth $2,804,000 after purchasing an additional 90,187 shares in the last quarter.

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.