Short Interest in iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Expands By 111.5%

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totalling 33,200 shares, an increase of 111.5% from the September 30th total of 15,700 shares. Based on an average daily volume of 50,100 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of IBTK. Janney Montgomery Scott LLC bought a new position in shares of iShares iBonds Dec 2030 Term Treasury ETF in the 1st quarter valued at $2,167,000. Comerica Bank lifted its stake in shares of iShares iBonds Dec 2030 Term Treasury ETF by 210.2% in the 1st quarter. Comerica Bank now owns 9,741 shares of the company’s stock valued at $189,000 after acquiring an additional 6,601 shares during the last quarter. NBC Securities Inc. lifted its stake in shares of iShares iBonds Dec 2030 Term Treasury ETF by 22.2% in the 2nd quarter. NBC Securities Inc. now owns 48,823 shares of the company’s stock valued at $941,000 after acquiring an additional 8,879 shares during the last quarter. WASHINGTON TRUST Co lifted its stake in shares of iShares iBonds Dec 2030 Term Treasury ETF by 10.8% in the 2nd quarter. WASHINGTON TRUST Co now owns 13,625 shares of the company’s stock valued at $263,000 after acquiring an additional 1,325 shares during the last quarter. Finally, Waterloo Capital L.P. lifted its stake in shares of iShares iBonds Dec 2030 Term Treasury ETF by 30.9% in the 2nd quarter. Waterloo Capital L.P. now owns 15,351 shares of the company’s stock valued at $296,000 after acquiring an additional 3,627 shares during the last quarter.

iShares iBonds Dec 2030 Term Treasury ETF Trading Down 0.1 %

Shares of IBTK stock traded down $0.03 during trading hours on Friday, reaching $19.54. The company’s stock had a trading volume of 44,054 shares, compared to its average volume of 63,556. The firm’s 50 day simple moving average is $19.91 and its 200-day simple moving average is $19.51. iShares iBonds Dec 2030 Term Treasury ETF has a fifty-two week low of $18.56 and a fifty-two week high of $20.19.

iShares iBonds Dec 2030 Term Treasury ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a $0.0637 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.