Short Interest in iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Grows By 24.5%

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) saw a large growth in short interest in March. As of March 31st, there was short interest totalling 74,800 shares, a growth of 24.5% from the March 15th total of 60,100 shares. Based on an average trading volume of 251,300 shares, the short-interest ratio is currently 0.3 days. Approximately 0.3% of the company’s stock are sold short.

Institutional Trading of iShares iBonds Dec 2029 Term Treasury ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of Jackson Hole Trust purchased a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF in the 4th quarter valued at about $42,000. PSI Advisors LLC acquired a new position in iShares iBonds Dec 2029 Term Treasury ETF in the fourth quarter valued at approximately $43,000. Kohmann Bosshard Financial Services LLC acquired a new position in iShares iBonds Dec 2029 Term Treasury ETF in the fourth quarter valued at approximately $47,000. JPMorgan Chase & Co. purchased a new position in iShares iBonds Dec 2029 Term Treasury ETF in the fourth quarter valued at approximately $68,000. Finally, Barrett & Company Inc. raised its holdings in iShares iBonds Dec 2029 Term Treasury ETF by 1,075.0% during the fourth quarter. Barrett & Company Inc. now owns 4,700 shares of the company’s stock worth $100,000 after purchasing an additional 4,300 shares in the last quarter.

iShares iBonds Dec 2029 Term Treasury ETF Stock Performance

Shares of NASDAQ:IBTJ remained flat at $21.79 during trading hours on Friday. 156,423 shares of the company’s stock were exchanged, compared to its average volume of 144,741. iShares iBonds Dec 2029 Term Treasury ETF has a 52 week low of $20.95 and a 52 week high of $22.22. The business’s 50-day moving average is $21.64 and its 200 day moving average is $21.53.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were issued a $0.0719 dividend. This represents a $0.86 annualized dividend and a yield of 3.96%. The ex-dividend date was Tuesday, April 1st. This is a positive change from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.07.

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.