Short Interest in iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Declines By 24.4%

by · The Cerbat Gem

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ – Get Free Report) was the target of a large decline in short interest in the month of September. As of September 30th, there was short interest totalling 50,200 shares, a decline of 24.4% from the September 15th total of 66,400 shares. Based on an average trading volume of 107,400 shares, the short-interest ratio is presently 0.5 days.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. WASHINGTON TRUST Co grew its position 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 worth $279,000 after purchasing an additional 3,562 shares in the last quarter. Janney Montgomery Scott LLC purchased a new position in iShares iBonds Dec 2029 Term Treasury ETF during the 1st quarter valued at approximately $1,318,000. Finally, Confluence Investment Management LLC purchased a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF in the 1st quarter worth approximately $7,884,000.

iShares iBonds Dec 2029 Term Treasury ETF Stock Up 0.1 %

Shares of NASDAQ IBTJ traded up $0.02 during midday trading on Friday, hitting $21.77. 124,995 shares of the company’s stock were exchanged, compared to its average volume of 77,734. The business’s fifty day moving average price is $22.00 and its two-hundred day moving average price is $21.55. iShares iBonds Dec 2029 Term Treasury ETF has a 12-month low of $20.58 and a 12-month high of $22.22.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.0699 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

iShares iBonds Dec 2029 Term Treasury ETF Company Profile

(Get Free Report)

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.

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