iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Sees Significant Decrease in Short Interest

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totalling 15,700 shares, a drop of 39.4% from the September 15th total of 25,900 shares. Based on an average daily volume of 50,600 shares, the days-to-cover ratio is currently 0.3 days.

iShares iBonds Dec 2030 Term Treasury ETF Trading Up 0.1 %

IBTK stock opened at $19.69 on Monday. iShares iBonds Dec 2030 Term Treasury ETF has a 52 week low of $18.45 and a 52 week high of $20.19. The firm has a 50 day moving average of $19.95 and a 200 day moving average of $19.48.

iShares iBonds Dec 2030 Term Treasury ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.0637 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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

Hedge funds have recently made changes to their positions in the company. Comerica Bank grew its stake in iShares iBonds Dec 2030 Term Treasury ETF by 210.2% during the 1st 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 lifted its holdings in shares of iShares iBonds Dec 2030 Term Treasury ETF by 10.8% during the second quarter. WASHINGTON TRUST Co now owns 13,625 shares of the company’s stock worth $263,000 after purchasing an additional 1,325 shares during the period. Waterloo Capital L.P. boosted its position in iShares iBonds Dec 2030 Term Treasury ETF by 30.9% in the second quarter. Waterloo Capital L.P. now owns 15,351 shares of the company’s stock valued at $296,000 after buying an additional 3,627 shares during the last quarter. NBC Securities Inc. acquired a new position in iShares iBonds Dec 2030 Term Treasury ETF in the 1st quarter worth approximately $775,000. Finally, Janney Montgomery Scott LLC purchased a new position in iShares iBonds Dec 2030 Term Treasury ETF during the 1st quarter worth approximately $2,167,000.

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.