iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Short Interest Down 37.5% in February

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) was the target of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 68,400 shares, a decrease of 37.5% from the February 13th total of 109,400 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 127,900 shares, the days-to-cover ratio is presently 0.5 days.

iShares iBonds Dec 2030 Term Treasury ETF Price Performance

Shares of iShares iBonds Dec 2030 Term Treasury ETF stock traded down $0.06 during trading hours on Friday, reaching $19.50. 100,760 shares of the company’s stock were exchanged, compared to its average volume of 71,934. The business has a fifty day moving average of $19.31 and a two-hundred day moving average of $19.50. iShares iBonds Dec 2030 Term Treasury ETF has a 1 year low of $18.84 and a 1 year high of $20.19.

iShares iBonds Dec 2030 Term Treasury ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.0586 per share. The ex-dividend date of this dividend was Monday, March 3rd.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Captrust Financial Advisors acquired a new position in shares of iShares iBonds Dec 2030 Term Treasury ETF during the 4th quarter valued at about $487,000. Cary Street Partners Financial LLC acquired a new position in shares of iShares iBonds Dec 2030 Term Treasury ETF during the 4th quarter valued at about $651,000. Integrated Wealth Concepts LLC boosted its position in shares of iShares iBonds Dec 2030 Term Treasury ETF by 45.0% during the 4th quarter. Integrated Wealth Concepts LLC now owns 38,473 shares of the company’s stock valued at $738,000 after acquiring an additional 11,939 shares during the last quarter. United Capital Financial Advisors LLC acquired a new position in shares of iShares iBonds Dec 2030 Term Treasury ETF during the 4th quarter valued at about $239,000. Finally, Boston Family Office LLC lifted its position in iShares iBonds Dec 2030 Term Treasury ETF by 3.6% in the fourth quarter. Boston Family Office LLC now owns 74,821 shares of the company’s stock valued at $1,436,000 after buying an additional 2,629 shares during the last quarter.

iShares iBonds Dec 2030 Term Treasury ETF Company Profile

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.