iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Short Interest Up 11.8% in June

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 24,700 shares, a growth of 11.8% from the May 31st total of 22,100 shares. Based on an average daily volume of 48,300 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On iShares iBonds Dec 2030 Term Treasury ETF

Several institutional investors have recently added to or reduced their stakes in IBTK. Bogart Wealth LLC purchased a new stake in iShares iBonds Dec 2030 Term Treasury ETF during the fourth quarter valued at about $44,000. Comerica Bank boosted its holdings 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 valued at $189,000 after purchasing an additional 6,601 shares during the last quarter. WASHINGTON TRUST Co purchased a new position in iShares iBonds Dec 2030 Term Treasury ETF in the first quarter valued at about $239,000. InterOcean Capital Group LLC purchased a new position in iShares iBonds Dec 2030 Term Treasury ETF in the fourth quarter valued at about $597,000. Finally, NBC Securities Inc. purchased a new position in iShares iBonds Dec 2030 Term Treasury ETF in the first quarter valued at about $775,000.

iShares iBonds Dec 2030 Term Treasury ETF Stock Performance

iShares iBonds Dec 2030 Term Treasury ETF stock traded up $0.09 during trading on Wednesday, hitting $19.25. The company’s stock had a trading volume of 26,386 shares, compared to its average volume of 73,846. The stock’s fifty day moving average is $19.15 and its 200 day moving average is $19.32. iShares iBonds Dec 2030 Term Treasury ETF has a 1-year low of $18.45 and a 1-year high of $19.84.

iShares iBonds Dec 2030 Term Treasury ETF Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, July 5th. Investors of record on Monday, July 1st will be paid a $0.0624 dividend. The ex-dividend date of this dividend is Monday, July 1st. This represents a $0.75 annualized dividend and a yield of 3.89%.

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.