iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Sees Large Decline in Short Interest

Posted by Steve Reilly on Oct 15th, 2024

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ – Get Free Report) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totalling 50,200 shares, a decline of 24.4% from the September 15th total of 66,400 shares. Based on an average trading volume of 107,400 shares, the short-interest ratio is currently 0.5 days.

iShares iBonds Dec 2029 Term Treasury ETF Price Performance

Shares of IBTJ traded up $0.07 during mid-day trading on Tuesday, hitting $21.80. 53,669 shares of the company traded hands, compared to its average volume of 77,396. The business has a 50-day moving average of $21.99 and a 200 day moving average of $21.56. iShares iBonds Dec 2029 Term Treasury ETF has a one year low of $20.58 and a one year high of $22.22.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a $0.0699 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. WASHINGTON TRUST Co raised its position in shares of iShares iBonds Dec 2029 Term Treasury ETF by 37.5% during the 2nd quarter. WASHINGTON TRUST Co now owns 13,062 shares of the company’s stock valued at $279,000 after acquiring an additional 3,562 shares during the last quarter. Janney Montgomery Scott LLC acquired a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF in the 1st quarter valued at approximately $1,318,000. Finally, Confluence Investment Management LLC bought a new stake in iShares iBonds Dec 2029 Term Treasury ETF in the first quarter valued at approximately $7,884,000.

iShares iBonds Dec 2029 Term Treasury ETF Company Profile

(Get Free Report)

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.