Short Interest in iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Grows By 32.7%

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) saw a large growth in short interest in April. As of April 15th, there was short interest totaling 130,052 shares, a growth of 32.7% from the March 31st total of 98,031 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 257,716 shares, the days-to-cover ratio is presently 0.5 days.

iShares iBonds Dec 2030 Term Treasury ETF Trading Down 0.3%

IBTK traded down $0.05 during trading on Friday, reaching $19.62. 64,051 shares of the company’s stock were exchanged, compared to its average volume of 233,688. The firm has a fifty day moving average price of $19.77 and a two-hundred day moving average price of $19.84. iShares iBonds Dec 2030 Term Treasury ETF has a one year low of $19.43 and a one year high of $20.07.

iShares iBonds Dec 2030 Term Treasury ETF Dividend Announcement

The business also recently declared a dividend, which will be paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st will be paid a $0.0601 dividend. The ex-dividend date of this dividend is Friday, May 1st.

Institutional Trading of iShares iBonds Dec 2030 Term Treasury ETF

Several institutional investors and hedge funds have recently made changes to their positions in IBTK. Crews Bank & Trust grew its holdings in shares of iShares iBonds Dec 2030 Term Treasury ETF by 66.7% in the third quarter. Crews Bank & Trust now owns 2,000 shares of the company’s stock valued at $40,000 after purchasing an additional 800 shares in the last quarter. Reliant Wealth Planning lifted its position in shares of iShares iBonds Dec 2030 Term Treasury ETF by 5.2% during the third quarter. Reliant Wealth Planning now owns 18,538 shares of the company’s stock worth $368,000 after purchasing an additional 909 shares during the last quarter. CNB Bank bought a new stake in shares of iShares iBonds Dec 2030 Term Treasury ETF during the third quarter worth $41,000. Holos Integrated Wealth LLC bought a new stake in shares of iShares iBonds Dec 2030 Term Treasury ETF in the fourth quarter valued at about $41,000. Finally, NewEdge Advisors LLC raised its holdings in shares of iShares iBonds Dec 2030 Term Treasury ETF by 5.3% in the first quarter. NewEdge Advisors LLC now owns 43,479 shares of the company’s stock valued at $855,000 after acquiring an additional 2,180 shares in the last quarter.

About iShares iBonds Dec 2030 Term Treasury ETF

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.