Short Interest in iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) Rises By 108.9%

iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 91,940 shares, an increase of 108.9% from the August 15th total of 44,022 shares. Based on an average daily trading volume, of 51,424 shares, the days-to-cover ratio is presently 1.8 days. Currently, 2.0% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Quantum Financial Advisors LLC lifted its holdings in shares of iShares iBonds Oct 2027 Term TIPS ETF by 6.7% during the 2nd quarter. Quantum Financial Advisors LLC now owns 365,365 shares of the company’s stock valued at $9,587,000 after buying an additional 22,856 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new position in iShares iBonds Oct 2027 Term TIPS ETF in the second quarter worth approximately $35,000. Allworth Financial LP increased its holdings in iShares iBonds Oct 2027 Term TIPS ETF by 391.1% in the second quarter. Allworth Financial LP now owns 9,772 shares of the company’s stock worth $256,000 after buying an additional 7,782 shares during the last quarter. Jim Saulnier & Associates LLC raised its position in iShares iBonds Oct 2027 Term TIPS ETF by 20.5% during the second quarter. Jim Saulnier & Associates LLC now owns 15,126 shares of the company’s stock valued at $397,000 after acquiring an additional 2,570 shares in the last quarter. Finally, McIlrath & Eck LLC bought a new position in iShares iBonds Oct 2027 Term TIPS ETF during the first quarter valued at approximately $40,000.

iShares iBonds Oct 2027 Term TIPS ETF Trading Down 0.1%

Shares of NYSEARCA:IBID traded down $0.01 during trading on Wednesday, reaching $25.86. 10,007 shares of the company traded hands, compared to its average volume of 33,956. The firm has a fifty day simple moving average of $25.76 and a 200 day simple moving average of $26.01. iShares iBonds Oct 2027 Term TIPS ETF has a 1-year low of $25.63 and a 1-year high of $26.39.

iShares iBonds Oct 2027 Term TIPS ETF Company Profile

The iShares iBonds Oct 2027 Term TIPS ETF (IBID) 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 2027. The fund will terminate in October 2027. IBID was launched on Sep 13, 2023 and is issued by BlackRock.