Short Interest in iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Rises By 154.4%

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) was the target of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 109,400 shares, an increase of 154.4% from the January 31st total of 43,000 shares. Based on an average trading volume of 113,700 shares, the days-to-cover ratio is presently 1.0 days.

iShares iBonds Dec 2030 Term Treasury ETF Price Performance

NASDAQ IBTK opened at $19.53 on Friday. The firm has a 50-day moving average price of $19.23 and a two-hundred day moving average price of $19.53. iShares iBonds Dec 2030 Term Treasury ETF has a 12-month low of $18.84 and a 12-month high of $20.19.

iShares iBonds Dec 2030 Term Treasury ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a dividend of $0.0632 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from iShares iBonds Dec 2030 Term Treasury ETF’s previous dividend of $0.06.

Hedge Funds Weigh In On iShares iBonds Dec 2030 Term Treasury ETF

Hedge funds have recently added to or reduced their stakes in the stock. Cary Street Partners Financial LLC bought a new position in shares of iShares iBonds Dec 2030 Term Treasury ETF in the fourth quarter worth $651,000. Captrust Financial Advisors acquired a new stake in iShares iBonds Dec 2030 Term Treasury ETF during the fourth quarter worth about $487,000. Exchange Capital Management Inc. bought a new position in iShares iBonds Dec 2030 Term Treasury ETF in the 4th quarter valued at about $293,000. United Capital Financial Advisors LLC acquired a new position in shares of iShares iBonds Dec 2030 Term Treasury ETF in the 4th quarter valued at approximately $239,000. Finally, Integrated Wealth Concepts LLC lifted its holdings in shares of iShares iBonds Dec 2030 Term Treasury ETF by 45.0% during the 4th quarter. Integrated Wealth Concepts LLC now owns 38,473 shares of the company’s stock worth $738,000 after acquiring an additional 11,939 shares during the period.

iShares iBonds Dec 2030 Term Treasury ETF Company Profile

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.