iShares iBonds Oct 2034 Term TIPS ETF (NYSEARCA:IBIK) Short Interest Update

iShares iBonds Oct 2034 Term TIPS ETF (NYSEARCA:IBIK) was the target of a large decrease in short interest in March. As of March 13th, there was short interest totaling 44 shares, a decrease of 99.8% from the February 26th total of 18,223 shares. Based on an average daily trading volume, of 16,749 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 16,749 shares, the short-interest ratio is presently 0.0 days.

iShares iBonds Oct 2034 Term TIPS ETF Price Performance

Shares of iShares iBonds Oct 2034 Term TIPS ETF stock traded up $0.09 during trading hours on Wednesday, hitting $25.68. The company’s stock had a trading volume of 4,931 shares, compared to its average volume of 22,975. The business has a 50 day moving average price of $25.89 and a two-hundred day moving average price of $25.97. iShares iBonds Oct 2034 Term TIPS ETF has a 12-month low of $24.43 and a 12-month high of $27.42.

Institutional Trading of iShares iBonds Oct 2034 Term TIPS ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in IBIK. Quantum Financial Advisors LLC increased its holdings in shares of iShares iBonds Oct 2034 Term TIPS ETF by 0.4% in the 4th quarter. Quantum Financial Advisors LLC now owns 109,634 shares of the company’s stock worth $2,811,000 after buying an additional 483 shares during the last quarter. CENTRAL TRUST Co purchased a new position in iShares iBonds Oct 2034 Term TIPS ETF in the fourth quarter worth about $25,000. Mendota Financial Group LLC purchased a new position in iShares iBonds Oct 2034 Term TIPS ETF in the third quarter worth about $84,000. Park Avenue Securities LLC increased its stake in iShares iBonds Oct 2034 Term TIPS ETF by 7.7% during the fourth quarter. Park Avenue Securities LLC now owns 84,964 shares of the company’s stock worth $2,178,000 after acquiring an additional 6,099 shares during the last quarter. Finally, Bradley & Co. Private Wealth Management LLC bought a new stake in iShares iBonds Oct 2034 Term TIPS ETF during the third quarter worth approximately $280,000.

About iShares iBonds Oct 2034 Term TIPS ETF

The iShares iBonds Oct 2034 Term TIPS ETF (IBIK) 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 2034. The fund will terminate in October 2034 IBIK was launched on May 22, 2024 and is issued by BlackRock.