iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Short Interest Update

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 265,212 shares, an increase of 74.2% from the June 15th total of 152,219 shares. Based on an average daily volume of 189,036 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.6% of the company’s stock are short sold.

iShares iBonds Dec 2030 Term Treasury ETF Stock Performance

NASDAQ:IBTK remained flat at $19.47 on Friday. 206,174 shares of the company’s stock traded hands, compared to its average volume of 243,496. The firm’s 50-day simple moving average is $19.49 and its two-hundred day simple moving average is $19.69. iShares iBonds Dec 2030 Term Treasury ETF has a 52-week low of $19.38 and a 52-week high of $20.07.

iShares iBonds Dec 2030 Term Treasury ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a dividend of $0.0605 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Wednesday, July 1st.

Institutional Investors Weigh In On iShares iBonds Dec 2030 Term Treasury ETF

Several large investors have recently modified their holdings of the stock. Parallel Advisors LLC raised its holdings in shares of iShares iBonds Dec 2030 Term Treasury ETF by 9.4% in the 1st quarter. Parallel Advisors LLC now owns 181,965 shares of the company’s stock worth $3,588,000 after purchasing an additional 15,559 shares during the period. NewEdge Advisors LLC grew its holdings in iShares iBonds Dec 2030 Term Treasury ETF by 6.6% during the first quarter. NewEdge Advisors LLC now owns 500,133 shares of the company’s stock valued at $9,863,000 after purchasing an additional 30,944 shares during the period. Reliant Wealth Planning increased its position in iShares iBonds Dec 2030 Term Treasury ETF by 12.8% in the first quarter. Reliant Wealth Planning now owns 41,998 shares of the company’s stock worth $828,000 after buying an additional 4,779 shares during the last quarter. Heartland Bank & Trust Co increased its holdings in iShares iBonds Dec 2030 Term Treasury ETF by 27.7% in the 1st quarter. Heartland Bank & Trust Co now owns 22,603 shares of the company’s stock worth $446,000 after acquiring an additional 4,897 shares during the last quarter. Finally, Midwest Professional Planners LTD. lifted its holdings in iShares iBonds Dec 2030 Term Treasury ETF by 6.3% during the first quarter. Midwest Professional Planners LTD. now owns 10,900 shares of the company’s stock valued at $215,000 after purchasing an additional 642 shares during the last quarter.

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.