Short Interest in iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Expands By 287.8%

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ – Get Rating) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 70,200 shares, a growth of 287.8% from the April 30th total of 18,100 shares. Based on an average trading volume of 18,800 shares, the days-to-cover ratio is presently 3.7 days.

iShares iBonds Dec 2029 Term Treasury ETF Price Performance

NASDAQ IBTJ remained flat at $21.76 during trading on Friday. The company’s stock had a trading volume of 8,730 shares, compared to its average volume of 19,829. The stock has a 50 day moving average of $22.16 and a two-hundred day moving average of $21.99. iShares iBonds Dec 2029 Term Treasury ETF has a fifty-two week low of $21.03 and a fifty-two week high of $23.33.

iShares iBonds Dec 2029 Term Treasury ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, May 5th. Stockholders of record on Tuesday, May 2nd were given a dividend of $0.064 per share. The ex-dividend date of this dividend was Monday, May 1st. This represents a $0.77 annualized dividend and a dividend yield of 3.53%.

Hedge Funds Weigh In On iShares iBonds Dec 2029 Term Treasury ETF

An institutional investor recently raised its position in iShares iBonds Dec 2029 Term Treasury ETF stock. Confluence Investment Management LLC grew its holdings in iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ – Get Rating) by 4.0% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 389,647 shares of the company’s stock after buying an additional 14,885 shares during the quarter. Confluence Investment Management LLC owned approximately 13.21% of iShares iBonds Dec 2029 Term Treasury ETF worth $8,638,000 at the end of the most recent quarter.

iShares iBonds Dec 2029 Term Treasury ETF Company Profile

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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.