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) saw a large decrease in short interest in the month of 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 company’s shares are short sold. Based on an average daily volume of 127,900 shares, the days-to-cover ratio is currently 0.5 days.

iShares iBonds Dec 2030 Term Treasury ETF Price Performance

Shares of NASDAQ:IBTK remained flat at $19.50 during midday trading on Monday. The stock had a trading volume of 70,960 shares, compared to its average volume of 71,930. iShares iBonds Dec 2030 Term Treasury ETF has a 1-year low of $18.84 and a 1-year high of $20.19. The business has a 50 day moving average of $19.31 and a two-hundred day moving average of $19.50.

iShares iBonds Dec 2030 Term Treasury ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.0586 per share. The ex-dividend date of this dividend was Monday, March 3rd.

Institutional Trading of iShares iBonds Dec 2030 Term Treasury ETF

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Bogart Wealth LLC grew its holdings in iShares iBonds Dec 2030 Term Treasury ETF by 67.3% during the fourth quarter. Bogart Wealth LLC now owns 3,560 shares of the company’s stock valued at $68,000 after purchasing an additional 1,432 shares during the period. Integrated Wealth Concepts LLC boosted its position in shares of iShares iBonds Dec 2030 Term Treasury ETF by 7.3% during the third quarter. Integrated Wealth Concepts LLC now owns 26,534 shares of the company’s stock worth $532,000 after purchasing an additional 1,812 shares in the last quarter. Bank of Jackson Hole Trust acquired a new position in shares of iShares iBonds Dec 2030 Term Treasury ETF in the 4th quarter valued at $41,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of iShares iBonds Dec 2030 Term Treasury ETF in the 4th quarter valued at $47,000. Finally, Janney Montgomery Scott LLC raised its stake in iShares iBonds Dec 2030 Term Treasury ETF by 2.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 120,607 shares of the company’s stock worth $2,315,000 after buying an additional 2,557 shares during the period.

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.