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

Posted by Charles Blunt on May 26th, 2023

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

iShares iBonds Dec 2029 Term Treasury ETF Stock Performance

Shares of NASDAQ IBTJ remained flat at $21.76 during trading hours on Friday. The stock had a trading volume of 8,730 shares, compared to its average volume of 19,829. iShares iBonds Dec 2029 Term Treasury ETF has a 12 month low of $21.03 and a 12 month high of $23.33. The firm’s fifty day moving average price is $22.16 and its 200 day moving average price is $21.99.

iShares iBonds Dec 2029 Term Treasury ETF Announces Dividend

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

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

An institutional investor recently bought a new position in iShares iBonds Dec 2029 Term Treasury ETF stock. Flow Traders U.S. LLC purchased a new position in iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ – Get Rating) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 90,507 shares of the company’s stock, valued at approximately $2,007,000. Flow Traders U.S. LLC owned 3.02% of iShares iBonds Dec 2029 Term Treasury ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

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.