Short Interest in iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Expands By 160.1%

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totalling 65,800 shares, a growth of 160.1% from the July 15th total of 25,300 shares. Based on an average daily trading volume, of 80,600 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Confluence Investment Management LLC purchased a new stake in iShares iBonds Dec 2029 Term Treasury ETF in the 1st quarter valued at approximately $7,884,000. Atlantic Private Wealth LLC purchased a new position in iShares iBonds Dec 2029 Term Treasury ETF in the 4th quarter valued at about $1,489,000. Janney Montgomery Scott LLC acquired a new stake in iShares iBonds Dec 2029 Term Treasury ETF during the first quarter worth approximately $1,318,000. WASHINGTON TRUST Co acquired a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF during the first quarter worth $204,000. Finally, Bogart Wealth LLC purchased a new stake in iShares iBonds Dec 2029 Term Treasury ETF in the fourth quarter valued at approximately $71,000.

iShares iBonds Dec 2029 Term Treasury ETF Price Performance

Shares of iShares iBonds Dec 2029 Term Treasury ETF stock traded down $0.14 on Thursday, hitting $21.83. The company’s stock had a trading volume of 63,648 shares, compared to its average volume of 70,108. iShares iBonds Dec 2029 Term Treasury ETF has a 52-week low of $20.58 and a 52-week high of $22.13. The firm has a fifty day moving average price of $21.54 and a 200-day moving average price of $21.40.

iShares iBonds Dec 2029 Term Treasury ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, August 6th. Shareholders of record on Thursday, August 1st were issued a $0.072 dividend. The ex-dividend date of this dividend was Thursday, August 1st.

iShares iBonds Dec 2029 Term Treasury ETF Company Profile

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.