iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Short Interest Up 60.4% in October

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) was the target of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 64,000 shares, an increase of 60.4% from the October 15th total of 39,900 shares. Based on an average trading volume of 97,700 shares, the short-interest ratio is presently 0.7 days.

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

Hedge funds have recently made changes to their positions in the stock. Farther Finance Advisors LLC purchased a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF during the 3rd quarter worth approximately $50,000. Cary Street Partners Asset Management LLC acquired a new stake in iShares iBonds Dec 2029 Term Treasury ETF during the 3rd quarter worth approximately $252,000. WASHINGTON TRUST Co lifted its holdings in iShares iBonds Dec 2029 Term Treasury ETF by 37.5% during the 2nd quarter. WASHINGTON TRUST Co now owns 13,062 shares of the company’s stock worth $279,000 after buying an additional 3,562 shares in the last quarter. Leavell Investment Management Inc. acquired a new stake in iShares iBonds Dec 2029 Term Treasury ETF during the 3rd quarter worth approximately $317,000. Finally, Captrust Financial Advisors acquired a new stake in iShares iBonds Dec 2029 Term Treasury ETF during the 3rd quarter worth approximately $360,000.

iShares iBonds Dec 2029 Term Treasury ETF Trading Up 0.2 %

Shares of iShares iBonds Dec 2029 Term Treasury ETF stock opened at $21.41 on Friday. iShares iBonds Dec 2029 Term Treasury ETF has a fifty-two week low of $20.95 and a fifty-two week high of $22.22. The firm has a 50-day simple moving average of $21.82 and a two-hundred day simple moving average of $21.62.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a $0.0722 dividend. This is a boost from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Friday, November 1st. This represents a $0.87 annualized dividend and a dividend yield of 4.05%.

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.