iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Short Interest Update

Posted by Sean Solarzano on Sep 28th, 2024

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ – Get Free Report) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 66,400 shares, an increase of 135.5% from the August 31st total of 28,200 shares. Based on an average daily trading volume, of 99,000 shares, the days-to-cover ratio is presently 0.7 days.

iShares iBonds Dec 2029 Term Treasury ETF Stock Up 0.3 %

Shares of IBTJ stock opened at $22.16 on Friday. The firm has a 50 day moving average of $21.94 and a 200-day moving average of $21.52. iShares iBonds Dec 2029 Term Treasury ETF has a 52 week low of $20.58 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 was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.0699 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

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

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Janney Montgomery Scott LLC bought a new stake in iShares iBonds Dec 2029 Term Treasury ETF in the 1st quarter valued at about $1,318,000. Confluence Investment Management LLC acquired a new stake in iShares iBonds Dec 2029 Term Treasury ETF in the first quarter valued at approximately $7,884,000. Finally, WASHINGTON TRUST Co increased its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 37.5% during the second quarter. WASHINGTON TRUST Co now owns 13,062 shares of the company’s stock valued at $279,000 after acquiring an additional 3,562 shares in the last 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.