iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) Stock Short Interest Rises 81.3%

iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 166,682 shares, a growth of 81.3% from the August 31st total of 91,940 shares. Currently, 3.1% of the company’s shares are sold short. Based on an average daily volume of 95,343 shares, the days-to-cover ratio is currently 1.7 days.

iShares iBonds Oct 2027 Term TIPS ETF Price Performance

iShares iBonds Oct 2027 Term TIPS ETF stock traded up $0.04 during trading hours on Wednesday, hitting $25.90. The company had a trading volume of 116,751 shares, compared to its average volume of 34,823. The company has a 50-day moving average price of $25.79 and a two-hundred day moving average price of $26.00. iShares iBonds Oct 2027 Term TIPS ETF has a 1 year low of $25.63 and a 1 year high of $26.39.

Institutional Investors Weigh In On iShares iBonds Oct 2027 Term TIPS ETF

A number of institutional investors and hedge funds have recently bought and sold shares of IBID. Quantum Financial Advisors LLC increased its stake in shares of iShares iBonds Oct 2027 Term TIPS ETF by 6.7% during the second quarter. Quantum Financial Advisors LLC now owns 365,365 shares of the company’s stock valued at $9,587,000 after buying an additional 22,856 shares during the period. Integrated Wealth Concepts LLC purchased a new stake in iShares iBonds Oct 2027 Term TIPS ETF in the second quarter worth about $35,000. Allworth Financial LP lifted its stake in iShares iBonds Oct 2027 Term TIPS ETF by 391.1% in the second quarter. Allworth Financial LP now owns 9,772 shares of the company’s stock worth $256,000 after acquiring an additional 7,782 shares during the period. Jim Saulnier & Associates LLC grew its holdings in iShares iBonds Oct 2027 Term TIPS ETF by 20.5% during the 2nd quarter. Jim Saulnier & Associates LLC now owns 15,126 shares of the company’s stock worth $397,000 after acquiring an additional 2,570 shares in the last quarter. Finally, McIlrath & Eck LLC purchased a new position in iShares iBonds Oct 2027 Term TIPS ETF during the 1st quarter valued at about $40,000.

About iShares iBonds Oct 2027 Term TIPS ETF

The iShares iBonds Oct 2027 Term TIPS ETF (IBID) 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 2027. The fund will terminate in October 2027. IBID was launched on Sep 13, 2023 and is issued by BlackRock.