iShares iBonds Oct 2034 Term TIPS ETF (NYSEARCA:IBIK) Short Interest Update

iShares iBonds Oct 2034 Term TIPS ETF (NYSEARCA:IBIK) was the recipient of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 11,789 shares, a decline of 52.3% from the May 31st total of 24,729 shares. Based on an average daily volume of 9,493 shares, the short-interest ratio is presently 1.2 days. Currently, 0.4% of the company’s shares are short sold.

iShares iBonds Oct 2034 Term TIPS ETF Stock Performance

Shares of NYSEARCA:IBIK opened at $25.16 on Thursday. The business has a 50 day simple moving average of $25.88 and a two-hundred day simple moving average of $25.85. iShares iBonds Oct 2034 Term TIPS ETF has a 1 year low of $25.15 and a 1 year high of $26.53.

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

Large investors have recently bought and sold shares of the business. CENTRAL TRUST Co bought a new position in iShares iBonds Oct 2034 Term TIPS ETF in the 4th quarter valued at $25,000. Bradley & Co. Private Wealth Management LLC bought a new stake in shares of iShares iBonds Oct 2034 Term TIPS ETF during the third quarter worth $280,000. ARK & TLK Investments LLC purchased a new stake in shares of iShares iBonds Oct 2034 Term TIPS ETF during the fourth quarter valued at $295,000. 4Thought Financial Group Inc. purchased a new stake in shares of iShares iBonds Oct 2034 Term TIPS ETF during the first quarter valued at $350,000. Finally, Wealth Alliance Advisory Group LLC purchased a new stake in shares of iShares iBonds Oct 2034 Term TIPS ETF during the fourth quarter valued at $360,000.

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.