iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) Sees Large Increase in Short Interest

iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 85,677 shares, a growth of 86.9% from the July 30th total of 45,830 shares. Based on an average daily trading volume, of 27,343 shares, the short-interest ratio is currently 3.1 days. Approximately 3.2% of the company’s shares are sold short.

iShares iBonds Oct 2031 Term TIPS ETF Stock Performance

iShares iBonds Oct 2031 Term TIPS ETF stock traded down $0.13 during trading hours on Friday, reaching $25.56. 26,000 shares of the company’s stock were exchanged, compared to its average volume of 15,018. The firm’s 50 day simple moving average is $25.73 and its 200 day simple moving average is $26.11. iShares iBonds Oct 2031 Term TIPS ETF has a twelve month low of $25.52 and a twelve month high of $26.79.

Hedge Funds Weigh In On iShares iBonds Oct 2031 Term TIPS ETF

Institutional investors have recently added to or reduced their stakes in the business. IFG Advisory LLC bought a new position in iShares iBonds Oct 2031 Term TIPS ETF during the fourth quarter worth $494,000. CENTRAL TRUST Co grew its stake in shares of iShares iBonds Oct 2031 Term TIPS ETF by 928.9% in the 4th quarter. CENTRAL TRUST Co now owns 41,567 shares of the company’s stock valued at $1,081,000 after buying an additional 37,527 shares during the period. Jim Saulnier & Associates LLC grew its stake in shares of iShares iBonds Oct 2031 Term TIPS ETF by 9.8% in the 2nd quarter. Jim Saulnier & Associates LLC now owns 15,443 shares of the company’s stock valued at $406,000 after buying an additional 1,378 shares during the period. Osaic Holdings Inc. increased its position in iShares iBonds Oct 2031 Term TIPS ETF by 25.3% in the 4th quarter. Osaic Holdings Inc. now owns 8,406 shares of the company’s stock valued at $219,000 after buying an additional 1,698 shares in the last quarter. Finally, Jane Street Group LLC raised its stake in iShares iBonds Oct 2031 Term TIPS ETF by 8.4% during the 4th quarter. Jane Street Group LLC now owns 42,259 shares of the company’s stock worth $1,099,000 after buying an additional 3,278 shares during the period.

iShares iBonds Oct 2031 Term TIPS ETF Company Profile

The iShares iBonds Oct 2031 Term TIPS ETF (IBIH) 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 2031. The fund will terminate in October 2031 IBIH was launched on Sep 19, 2023 and is issued by BlackRock.