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 significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 23,293 shares, a growth of 97.6% from the June 15th total of 11,789 shares. Based on an average trading volume of 22,881 shares, the short-interest ratio is currently 1.0 days. Approximately 0.7% of the company’s shares are sold short.

Hedge Funds Weigh In On iShares iBonds Oct 2034 Term TIPS ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Quantum Financial Advisors LLC lifted its stake in shares of iShares iBonds Oct 2034 Term TIPS ETF by 7.3% in the second quarter. Quantum Financial Advisors LLC now owns 12,431 shares of the company’s stock worth $322,000 after acquiring an additional 851 shares in the last quarter. D.A. Davidson & CO. increased its holdings in iShares iBonds Oct 2034 Term TIPS ETF by 3.9% during the 1st quarter. D.A. Davidson & CO. now owns 163,436 shares of the company’s stock worth $4,208,000 after purchasing an additional 6,195 shares during the last quarter. 4Thought Financial Group Inc. acquired a new position in shares of iShares iBonds Oct 2034 Term TIPS ETF in the 1st quarter valued at approximately $350,000. Jane Street Group LLC acquired a new position in shares of iShares iBonds Oct 2034 Term TIPS ETF in the 4th quarter valued at approximately $368,000. Finally, ARK & TLK Investments LLC purchased a new position in shares of iShares iBonds Oct 2034 Term TIPS ETF during the 4th quarter valued at approximately $295,000.

iShares iBonds Oct 2034 Term TIPS ETF Price Performance

iShares iBonds Oct 2034 Term TIPS ETF stock traded up $0.08 during midday trading on Friday, reaching $25.18. The stock had a trading volume of 7,700 shares, compared to its average volume of 16,501. iShares iBonds Oct 2034 Term TIPS ETF has a twelve month low of $25.04 and a twelve month high of $26.53. The stock’s 50-day simple moving average is $25.67 and its 200 day simple moving average is $25.79.

iShares iBonds Oct 2034 Term TIPS ETF Company Profile

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.