Short Interest in iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Increases By 59.9%

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. Approximately 0.6% of the shares of the company are sold short. Based on an average daily volume of 542,589 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 542,589 shares, the short-interest ratio is presently 0.5 days. Approximately 0.6% of the shares of the company are sold short.

Institutional Investors Weigh In On iShares iBonds Dec 2029 Term Treasury ETF

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

iShares iBonds Dec 2029 Term Treasury ETF Price Performance

IBTJ traded down $0.02 during trading on Friday, hitting $21.91. 671,673 shares of the company traded hands, compared to its average volume of 399,043. iShares iBonds Dec 2029 Term Treasury ETF has a one year low of $21.26 and a one year high of $22.08. The stock’s fifty day moving average is $21.96 and its 200 day moving average is $21.93.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

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

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.