iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Short Interest Up 50.3% in May

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) was the recipient of a significant increase in short interest in May. As of May 31st, there was short interest totalling 22,100 shares, an increase of 50.3% from the May 15th total of 14,700 shares. Based on an average daily trading volume, of 55,400 shares, the short-interest ratio is currently 0.4 days.

iShares iBonds Dec 2030 Term Treasury ETF Stock Up 0.1 %

IBTK stock traded up $0.02 during trading on Friday, reaching $19.38. The stock had a trading volume of 12,039 shares, compared to its average volume of 75,873. The stock’s 50 day moving average is $19.07 and its two-hundred day moving average is $19.32. iShares iBonds Dec 2030 Term Treasury ETF has a 52 week low of $18.45 and a 52 week high of $19.84.

iShares iBonds Dec 2030 Term Treasury ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, June 3rd were paid a dividend of $0.0636 per share. The ex-dividend date was Monday, June 3rd. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.94%.

Institutional Trading of iShares iBonds Dec 2030 Term Treasury ETF

A number of institutional investors have recently modified their holdings of IBTK. Confluence Investment Management LLC acquired a new stake in shares of iShares iBonds Dec 2030 Term Treasury ETF in the first quarter valued at about $7,942,000. Janney Montgomery Scott LLC acquired a new stake in shares of iShares iBonds Dec 2030 Term Treasury ETF in the first quarter valued at $2,167,000. NBC Securities Inc. acquired a new position in iShares iBonds Dec 2030 Term Treasury ETF during the 1st quarter worth $775,000. InterOcean Capital Group LLC acquired a new position in iShares iBonds Dec 2030 Term Treasury ETF during the 4th quarter worth approximately $597,000. Finally, WASHINGTON TRUST Co acquired a new position in shares of iShares iBonds Dec 2030 Term Treasury ETF during the 1st quarter worth about $239,000.

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.