iShares iBonds Oct 2030 Term TIPS ETF (NYSEARCA:IBIG) Sees Large Growth in Short Interest

iShares iBonds Oct 2030 Term TIPS ETF (NYSEARCA:IBIG) was the target of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 16,610 shares, an increase of 149.9% from the January 29th total of 6,647 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily volume of 24,976 shares, the short-interest ratio is currently 0.7 days. Based on an average daily volume of 24,976 shares, the short-interest ratio is currently 0.7 days. Currently, 0.4% of the shares of the stock are sold short.

iShares iBonds Oct 2030 Term TIPS ETF Stock Performance

iShares iBonds Oct 2030 Term TIPS ETF stock opened at $26.38 on Friday. iShares iBonds Oct 2030 Term TIPS ETF has a 1 year low of $25.38 and a 1 year high of $27.54. The firm’s 50 day moving average price is $26.14 and its two-hundred day moving average price is $26.40.

Institutional Investors Weigh In On iShares iBonds Oct 2030 Term TIPS ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. TRUE Private Wealth Advisors acquired a new position in shares of iShares iBonds Oct 2030 Term TIPS ETF in the 2nd quarter valued at $39,329,000. CENTRAL TRUST Co lifted its stake in iShares iBonds Oct 2030 Term TIPS ETF by 998.1% during the fourth quarter. CENTRAL TRUST Co now owns 45,594 shares of the company’s stock valued at $1,188,000 after buying an additional 41,442 shares in the last quarter. Jane Street Group LLC purchased a new stake in iShares iBonds Oct 2030 Term TIPS ETF during the fourth quarter valued at about $892,000. D.A. Davidson & CO. boosted its holdings in shares of iShares iBonds Oct 2030 Term TIPS ETF by 33.7% in the third quarter. D.A. Davidson & CO. now owns 134,025 shares of the company’s stock worth $3,576,000 after buying an additional 33,814 shares during the period. Finally, Quantum Financial Advisors LLC increased its position in shares of iShares iBonds Oct 2030 Term TIPS ETF by 12.5% in the fourth quarter. Quantum Financial Advisors LLC now owns 216,711 shares of the company’s stock worth $5,645,000 after acquiring an additional 24,027 shares in the last quarter.

About iShares iBonds Oct 2030 Term TIPS ETF

The iShares iBonds Oct 2030 Term TIPS ETF (IBIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of US Treasury inflation-protected securities maturing between January and October 2030. The fund will terminate in October 2030 IBIG was launched on Sep 19, 2023 and is issued by BlackRock.