iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) Short Interest Update

iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) saw a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 19,712 shares, a decline of 20.5% from the December 31st total of 24,802 shares. Based on an average daily trading volume, of 13,048 shares, the days-to-cover ratio is currently 1.5 days. Currently, 0.9% of the shares of the company are short sold. Currently, 0.9% of the shares of the company are short sold. Based on an average daily trading volume, of 13,048 shares, the days-to-cover ratio is currently 1.5 days.

iShares iBonds Oct 2029 Term TIPS ETF Stock Performance

Shares of IBIF traded up $0.01 during mid-day trading on Tuesday, reaching $26.16. 137,838 shares of the company’s stock were exchanged, compared to its average volume of 21,756. The business’s fifty day simple moving average is $26.15 and its 200-day simple moving average is $26.30. iShares iBonds Oct 2029 Term TIPS ETF has a 52-week low of $25.55 and a 52-week high of $26.67.

Institutional Investors Weigh In On iShares iBonds Oct 2029 Term TIPS ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. CENTRAL TRUST Co raised its stake in iShares iBonds Oct 2029 Term TIPS ETF by 12.2% during the 2nd quarter. CENTRAL TRUST Co now owns 25,419 shares of the company’s stock valued at $671,000 after acquiring an additional 2,754 shares during the last quarter. Robertson Stephens Wealth Management LLC grew its stake in shares of iShares iBonds Oct 2029 Term TIPS ETF by 13.5% in the 2nd quarter. Robertson Stephens Wealth Management LLC now owns 68,450 shares of the company’s stock valued at $1,808,000 after purchasing an additional 8,143 shares during the last quarter. Quantum Financial Advisors LLC increased its holdings in shares of iShares iBonds Oct 2029 Term TIPS ETF by 22.4% in the third quarter. Quantum Financial Advisors LLC now owns 227,910 shares of the company’s stock valued at $6,045,000 after purchasing an additional 41,732 shares during the period. ARK & TLK Investments LLC raised its stake in shares of iShares iBonds Oct 2029 Term TIPS ETF by 2.7% during the second quarter. ARK & TLK Investments LLC now owns 18,512 shares of the company’s stock worth $489,000 after purchasing an additional 489 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC raised its stake in shares of iShares iBonds Oct 2029 Term TIPS ETF by 229.1% during the second quarter. Steward Partners Investment Advisory LLC now owns 2,587 shares of the company’s stock worth $68,000 after purchasing an additional 1,801 shares during the last quarter.

iShares iBonds Oct 2029 Term TIPS ETF Company Profile

The iShares iBonds Oct 2029 Term TIPS ETF (IBIF) 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 2029. The fund will terminate in October 2029 IBIF was launched on Sep 19, 2023 and is issued by BlackRock.