iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Short Interest Down 30.5% in November

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) saw a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 28,500 shares, a drop of 30.5% from the November 15th total of 41,000 shares. Based on an average daily trading volume, of 49,800 shares, the days-to-cover ratio is presently 0.6 days.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Comerica Bank increased its holdings in shares of 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 period. Boston Family Office LLC boosted its position in iShares iBonds Dec 2030 Term Treasury ETF by 7.5% in the third quarter. Boston Family Office LLC now owns 72,192 shares of the company’s stock valued at $1,447,000 after buying an additional 5,027 shares during the last quarter. Waterloo Capital L.P. increased its holdings in iShares iBonds Dec 2030 Term Treasury ETF by 30.9% in the 2nd quarter. Waterloo Capital L.P. now owns 15,351 shares of the company’s stock worth $296,000 after buying an additional 3,627 shares during the period. Farther Finance Advisors LLC purchased a new position in iShares iBonds Dec 2030 Term Treasury ETF during the 3rd quarter worth approximately $50,000. Finally, Janney Montgomery Scott LLC lifted its stake in iShares iBonds Dec 2030 Term Treasury ETF by 2.0% during the 3rd quarter. Janney Montgomery Scott LLC now owns 118,050 shares of the company’s stock valued at $2,366,000 after acquiring an additional 2,352 shares during the period.

iShares iBonds Dec 2030 Term Treasury ETF Stock Down 0.3 %

IBTK stock traded down $0.05 during trading on Friday, reaching $19.35. The company had a trading volume of 295,037 shares, compared to its average volume of 63,566. iShares iBonds Dec 2030 Term Treasury ETF has a twelve month low of $18.84 and a twelve month high of $20.19. The firm has a 50-day simple moving average of $19.48 and a 200-day simple moving average of $19.59.

iShares iBonds Dec 2030 Term Treasury ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, December 2nd were issued a dividend of $0.0625 per share. The ex-dividend date was Monday, December 2nd.

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.