Short Interest in iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Rises By 60.4%

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) was the target of a large growth in short interest in October. As of October 31st, there was short interest totalling 64,000 shares, a growth of 60.4% from the October 15th total of 39,900 shares. Based on an average trading volume of 97,700 shares, the short-interest ratio is currently 0.7 days.

iShares iBonds Dec 2029 Term Treasury ETF Stock Up 0.1 %

Shares of NASDAQ:IBTJ traded up $0.02 during trading on Thursday, hitting $21.42. 115,720 shares of the company were exchanged, compared to its average volume of 78,359. The firm’s 50 day moving average price is $21.84 and its 200-day moving average price is $21.62. iShares iBonds Dec 2029 Term Treasury ETF has a 12-month low of $20.95 and a 12-month high of $22.22.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a $0.0722 dividend. The ex-dividend date was Friday, November 1st. This is a boost from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.07. This represents a $0.87 dividend on an annualized basis and a yield of 4.04%.

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

Several large investors have recently bought and sold shares of the stock. Janney Montgomery Scott LLC purchased a new position in iShares iBonds Dec 2029 Term Treasury ETF during the 1st quarter worth approximately $1,318,000. WASHINGTON TRUST Co raised its position in iShares iBonds Dec 2029 Term Treasury ETF by 37.5% in the 2nd quarter. WASHINGTON TRUST Co now owns 13,062 shares of the company’s stock valued at $279,000 after purchasing an additional 3,562 shares during the last quarter. Farther Finance Advisors LLC acquired a new stake in iShares iBonds Dec 2029 Term Treasury ETF during the 3rd quarter worth $50,000. Cary Street Partners Asset Management LLC acquired a new stake in iShares iBonds Dec 2029 Term Treasury ETF during the 3rd quarter worth $252,000. Finally, Leavell Investment Management Inc. purchased a new position in iShares iBonds Dec 2029 Term Treasury ETF during the 3rd quarter worth $317,000.

iShares iBonds Dec 2029 Term Treasury ETF Company Profile

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.