iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Short Interest Up 50.3% in May

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) saw a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 22,100 shares, a growth of 50.3% from the May 15th total of 14,700 shares. Based on an average daily trading volume, of 55,400 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Investors Weigh In On iShares iBonds Dec 2030 Term Treasury ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Bogart Wealth LLC bought a new position in shares of iShares iBonds Dec 2030 Term Treasury ETF in the fourth quarter worth approximately $44,000. Comerica Bank boosted its stake in iShares iBonds Dec 2030 Term Treasury ETF by 210.2% in the first quarter. Comerica Bank now owns 9,741 shares of the company’s stock worth $189,000 after buying an additional 6,601 shares in the last quarter. WASHINGTON TRUST Co purchased a new stake in iShares iBonds Dec 2030 Term Treasury ETF in the first quarter worth approximately $239,000. InterOcean Capital Group LLC purchased a new stake in iShares iBonds Dec 2030 Term Treasury ETF in the fourth quarter worth approximately $597,000. Finally, NBC Securities Inc. purchased a new stake in iShares iBonds Dec 2030 Term Treasury ETF in the first quarter worth approximately $775,000.

iShares iBonds Dec 2030 Term Treasury ETF Trading Up 0.1 %

iShares iBonds Dec 2030 Term Treasury ETF stock traded up $0.02 during midday trading on Friday, reaching $19.38. The stock had a trading volume of 12,039 shares, compared to its average volume of 75,873. iShares iBonds Dec 2030 Term Treasury ETF has a 12 month low of $18.45 and a 12 month high of $19.84. The firm’s 50-day moving average price is $19.07 and its 200 day moving average price is $19.32.

iShares iBonds Dec 2030 Term Treasury ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, June 3rd were given a dividend of $0.0636 per share. This represents a $0.76 annualized dividend and a dividend yield of 3.94%. The ex-dividend date of this dividend was Monday, June 3rd.

iShares iBonds Dec 2030 Term Treasury ETF Company Profile

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.