Short Interest in iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Drops By 32.6%

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) was the target of a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 194,801 shares, a decline of 32.6% from the December 31st total of 289,025 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average trading volume of 370,083 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 370,083 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.4% of the shares of the company are short sold.

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

Hedge funds have recently modified their holdings of the stock. Kohmann Bosshard Financial Services LLC purchased a new position in iShares iBonds Dec 2029 Term Treasury ETF in the fourth quarter valued at approximately $48,000. Pinnacle Bancorp Inc. bought a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF in the third quarter worth $101,000. Towne Trust Company N.A increased its holdings in iShares iBonds Dec 2029 Term Treasury ETF by 1,105.1% in the fourth quarter. Towne Trust Company N.A now owns 8,436 shares of the company’s stock valued at $185,000 after buying an additional 7,736 shares during the last quarter. Opus Capital Group LLC bought a new stake in iShares iBonds Dec 2029 Term Treasury ETF during the third quarter valued at $274,000. Finally, Crews Bank & Trust boosted its stake in iShares iBonds Dec 2029 Term Treasury ETF by 3.4% in the second quarter. Crews Bank & Trust now owns 14,160 shares of the company’s stock valued at $310,000 after acquiring an additional 460 shares during the period.

iShares iBonds Dec 2029 Term Treasury ETF Stock Up 0.1%

Shares of NASDAQ:IBTJ traded up $0.03 during midday trading on Friday, hitting $21.98. The stock had a trading volume of 192,156 shares, compared to its average volume of 343,863. iShares iBonds Dec 2029 Term Treasury ETF has a 1 year low of $21.26 and a 1 year high of $22.08. The stock has a 50 day moving average price of $21.95 and a two-hundred day moving average price of $21.94.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were given a $0.0634 dividend. The ex-dividend date was Friday, December 19th. This represents a c) annualized dividend and a dividend yield of 3.5%.

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.