iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Short Interest Up 197.3% in June

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 273,802 shares, a growth of 197.3% from the June 15th total of 92,091 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 234,661 shares, the short-interest ratio is presently 1.2 days.

iShares iBonds Dec 2029 Term Treasury ETF Trading Down 0.1%

IBTJ traded down $0.03 on Monday, reaching $21.53. 195,722 shares of the company traded hands, compared to its average volume of 281,734. iShares iBonds Dec 2029 Term Treasury ETF has a one year low of $21.52 and a one year high of $22.13. The firm has a fifty day simple moving average of $21.63 and a two-hundred day simple moving average of $21.81.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.0669 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

Institutional Trading of iShares iBonds Dec 2029 Term Treasury ETF

A number of large investors have recently modified their holdings of IBTJ. Basepoint Wealth LLC bought a new position in iShares iBonds Dec 2029 Term Treasury ETF in the first quarter worth approximately $44,000. Kohmann Bosshard Financial Services LLC bought a new stake in iShares iBonds Dec 2029 Term Treasury ETF during the 4th quarter valued at $48,000. High Note Wealth LLC purchased a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF in the 4th quarter worth $61,000. Pinnacle Bancorp Inc. lifted its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 14.9% in the 1st quarter. Pinnacle Bancorp Inc. now owns 5,277 shares of the company’s stock worth $115,000 after buying an additional 683 shares during the period. Finally, Towne Trust Company N.A lifted its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 1,105.1% in the 4th quarter. Towne Trust Company N.A now owns 8,436 shares of the company’s stock worth $185,000 after buying an additional 7,736 shares during the period.

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.