iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Sees Significant Growth in Short Interest

Posted by Shelly Janes on Sep 28th, 2024

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ – Get Free Report) saw a large increase in short interest in September. As of September 15th, there was short interest totalling 66,400 shares, an increase of 135.5% from the August 31st total of 28,200 shares. Based on an average daily volume of 99,000 shares, the short-interest ratio is presently 0.7 days.

iShares iBonds Dec 2029 Term Treasury ETF Stock Up 0.3 %

Shares of iShares iBonds Dec 2029 Term Treasury ETF stock opened at $22.16 on Friday. The firm’s 50 day moving average is $21.94 and its 200 day moving average is $21.52. iShares iBonds Dec 2029 Term Treasury ETF has a 1 year low of $20.58 and a 1 year high of $22.22.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.0699 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Confluence Investment Management LLC acquired a new position in iShares iBonds Dec 2029 Term Treasury ETF in the 1st quarter worth about $7,884,000. Janney Montgomery Scott LLC bought a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF during the first quarter worth about $1,318,000. Finally, WASHINGTON TRUST Co increased its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 37.5% in the second quarter. WASHINGTON TRUST Co now owns 13,062 shares of the company’s stock valued at $279,000 after buying an additional 3,562 shares during the period.

iShares iBonds Dec 2029 Term Treasury ETF Company Profile

(Get Free Report)

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.