Short Interest in iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Increases By 12.3%

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) was the target of a large growth in short interest in January. As of January 15th, there was short interest totalling 54,900 shares, a growth of 12.3% from the December 31st total of 48,900 shares. Based on an average trading volume of 153,900 shares, the days-to-cover ratio is presently 0.4 days.

iShares iBonds Dec 2029 Term Treasury ETF Price Performance

NASDAQ:IBTJ traded down $0.09 on Monday, hitting $21.35. The company had a trading volume of 218,046 shares, compared to its average volume of 321,378. The firm has a 50 day moving average of $21.39 and a two-hundred day moving average of $21.66. iShares iBonds Dec 2029 Term Treasury ETF has a 52 week low of $20.95 and a 52 week high of $22.22.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd will be paid a $0.0655 dividend. The ex-dividend date is Monday, February 3rd.

Institutional Investors Weigh In On iShares iBonds Dec 2029 Term Treasury ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Bank of Jackson Hole Trust purchased a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF in the 4th quarter worth about $42,000. PSI Advisors LLC bought a new stake in iShares iBonds Dec 2029 Term Treasury ETF during the 4th quarter valued at about $43,000. Farther Finance Advisors LLC bought a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF in the third quarter worth approximately $50,000. Barrett & Company Inc. grew its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 1,075.0% in the fourth quarter. Barrett & Company Inc. now owns 4,700 shares of the company’s stock worth $100,000 after acquiring an additional 4,300 shares during the period. Finally, Montecito Bank & Trust bought a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF in the fourth quarter worth approximately $222,000.

iShares iBonds Dec 2029 Term Treasury ETF Company Profile

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.