iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) Short Interest Down 69.0% in March

iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) saw a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 6,195 shares, a drop of 69.0% from the February 26th total of 20,003 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily volume of 11,126 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily volume of 11,126 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.4% of the company’s shares are sold short.

iShares iBonds Oct 2031 Term TIPS ETF Price Performance

Shares of IBIH stock traded up $0.03 during mid-day trading on Wednesday, hitting $26.08. The stock had a trading volume of 286 shares, compared to its average volume of 9,124. iShares iBonds Oct 2031 Term TIPS ETF has a 12-month low of $25.17 and a 12-month high of $26.79. The firm’s 50-day moving average is $26.25 and its two-hundred day moving average is $26.32.

Institutional Investors Weigh In On iShares iBonds Oct 2031 Term TIPS ETF

Hedge funds have recently modified their holdings of the business. Steward Partners Investment Advisory LLC raised its stake in iShares iBonds Oct 2031 Term TIPS ETF by 123.3% in the second quarter. Steward Partners Investment Advisory LLC now owns 2,101 shares of the company’s stock worth $55,000 after buying an additional 1,160 shares in the last quarter. CENTRAL TRUST Co boosted its position in iShares iBonds Oct 2031 Term TIPS ETF by 248.3% during the 3rd quarter. CENTRAL TRUST Co now owns 4,040 shares of the company’s stock valued at $107,000 after acquiring an additional 2,880 shares in the last quarter. Bradley & Co. Private Wealth Management LLC purchased a new position in shares of iShares iBonds Oct 2031 Term TIPS ETF in the 3rd quarter valued at $199,000. Osaic Holdings Inc. raised its position in shares of 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 worth $219,000 after acquiring an additional 1,698 shares in the last quarter. Finally, LPL Financial LLC raised its position in shares of iShares iBonds Oct 2031 Term TIPS ETF by 52.1% in the 4th quarter. LPL Financial LLC now owns 16,025 shares of the company’s stock worth $417,000 after acquiring an additional 5,491 shares in the last quarter.

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.