Short Interest in iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Grows By 17.4%

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) saw a large growth in short interest in August. As of August 15th, there was short interest totalling 27,000 shares, a growth of 17.4% from the July 31st total of 23,000 shares. Based on an average daily volume of 46,100 shares, the short-interest ratio is currently 0.6 days.

Institutional Trading of iShares iBonds Dec 2030 Term Treasury ETF

Institutional investors have recently modified their holdings of the company. Bogart Wealth LLC purchased a new stake in iShares iBonds Dec 2030 Term Treasury ETF in the 4th quarter worth approximately $44,000. Comerica Bank raised its holdings in iShares iBonds Dec 2030 Term Treasury ETF by 210.2% in the 1st quarter. Comerica Bank now owns 9,741 shares of the company’s stock worth $189,000 after purchasing an additional 6,601 shares in the last quarter. WASHINGTON TRUST Co purchased a new stake in shares of iShares iBonds Dec 2030 Term Treasury ETF in the 1st quarter worth about $239,000. Waterloo Capital L.P. boosted its stake in shares of iShares iBonds Dec 2030 Term Treasury ETF by 30.9% during the 2nd quarter. Waterloo Capital L.P. now owns 15,351 shares of the company’s stock valued at $296,000 after purchasing an additional 3,627 shares in the last quarter. Finally, InterOcean Capital Group LLC purchased a new position in shares of iShares iBonds Dec 2030 Term Treasury ETF during the fourth quarter valued at about $597,000.

iShares iBonds Dec 2030 Term Treasury ETF Stock Down 0.2 %

Shares of IBTK traded down $0.03 during trading hours on Monday, hitting $19.89. The company had a trading volume of 56,900 shares, compared to its average volume of 67,751. iShares iBonds Dec 2030 Term Treasury ETF has a 52-week low of $18.45 and a 52-week high of $20.10. The stock’s 50 day moving average price is $19.61 and its 200 day moving average price is $19.34.

iShares iBonds Dec 2030 Term Treasury ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, August 6th. Investors of record on Thursday, August 1st were paid a $0.0641 dividend. This represents a $0.77 annualized dividend and a dividend yield of 3.87%. This is an increase from iShares iBonds Dec 2030 Term Treasury ETF’s previous monthly dividend of $0.06. The ex-dividend date of this dividend was Thursday, August 1st.

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.