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) saw 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 trading volume of 48,300 shares, the short-interest ratio is presently 0.5 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in IBTK. Bogart Wealth LLC purchased a new position in shares of iShares iBonds Dec 2030 Term Treasury ETF in the fourth quarter worth $44,000. Comerica Bank raised 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 worth $189,000 after buying an additional 6,601 shares during the last quarter. WASHINGTON TRUST Co purchased a new position in shares of iShares iBonds Dec 2030 Term Treasury ETF in the first quarter worth $239,000. InterOcean Capital Group LLC purchased a new position in shares of iShares iBonds Dec 2030 Term Treasury ETF in the fourth quarter worth $597,000. Finally, NBC Securities Inc. purchased a new position in shares of iShares iBonds Dec 2030 Term Treasury ETF in the first quarter worth $775,000.

iShares iBonds Dec 2030 Term Treasury ETF Trading Up 0.4 %

NASDAQ:IBTK traded up $0.08 during midday trading on Wednesday, reaching $19.25. 26,386 shares of the stock traded hands, compared to its average volume of 73,846. iShares iBonds Dec 2030 Term Treasury ETF has a 12-month low of $18.45 and a 12-month high of $19.84. The business has a 50-day moving average of $19.15 and a two-hundred day moving average of $19.32.

iShares iBonds Dec 2030 Term Treasury ETF Dividend Announcement

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

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.