Short Interest in iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Increases By 12.3%

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 54,900 shares, an increase of 12.3% from the December 31st total of 48,900 shares. Based on an average trading volume of 153,900 shares, the days-to-cover ratio is currently 0.4 days.

iShares iBonds Dec 2029 Term Treasury ETF Stock Performance

NASDAQ:IBTJ traded down $0.09 during mid-day trading on Monday, reaching $21.35. The stock had a trading volume of 218,046 shares, compared to its average volume of 321,378. The firm has a 50 day moving average price of $21.39 and a two-hundred day moving average price of $21.66. iShares iBonds Dec 2029 Term Treasury ETF has a one year low of $20.95 and a one year high of $22.22.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd will be paid a dividend of $0.0655 per share. The ex-dividend date is Monday, February 3rd.

Institutional Investors Weigh In On iShares iBonds Dec 2029 Term Treasury ETF

Several hedge funds have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC lifted its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 125.5% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 33,497 shares of the company’s stock valued at $740,000 after purchasing an additional 18,644 shares during the last quarter. Captrust Financial Advisors acquired a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF in the 3rd quarter valued at about $360,000. Crews Bank & Trust purchased a new stake in iShares iBonds Dec 2029 Term Treasury ETF during the 4th quarter worth approximately $312,000. Leavell Investment Management Inc. purchased a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF in the third quarter valued at approximately $317,000. Finally, Cary Street Partners Asset Management LLC acquired a new position in iShares iBonds Dec 2029 Term Treasury ETF in the third quarter valued at approximately $252,000.

About iShares iBonds Dec 2029 Term Treasury ETF

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.