Short Interest in iShares iBonds Oct 2030 Term TIPS ETF (NYSEARCA:IBIG) Expands By 57.2%

iShares iBonds Oct 2030 Term TIPS ETF (NYSEARCA:IBIG) saw a significant growth in short interest in December. As of December 31st, there was short interest totaling 42,741 shares, a growth of 57.2% from the December 15th total of 27,195 shares. Approximately 1.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 19,670 shares, the short-interest ratio is presently 2.2 days. Based on an average daily trading volume, of 19,670 shares, the short-interest ratio is presently 2.2 days. Approximately 1.2% of the shares of the stock are sold short.

iShares iBonds Oct 2030 Term TIPS ETF Trading Down 0.2%

IBIG stock traded down $0.04 during trading on Friday, hitting $26.04. The stock had a trading volume of 10,628 shares, compared to its average volume of 27,348. The company’s 50 day moving average price is $26.30 and its two-hundred day moving average price is $26.42. iShares iBonds Oct 2030 Term TIPS ETF has a 1-year low of $25.32 and a 1-year high of $27.54.

Institutional Trading of iShares iBonds Oct 2030 Term TIPS ETF

Hedge funds have recently added to or reduced their stakes in the business. Quantum Financial Advisors LLC increased its position in iShares iBonds Oct 2030 Term TIPS ETF by 12.5% during the fourth quarter. Quantum Financial Advisors LLC now owns 216,711 shares of the company’s stock worth $5,645,000 after purchasing an additional 24,027 shares during the last quarter. MKT Advisors LLC grew its position in iShares iBonds Oct 2030 Term TIPS ETF by 73.6% during the fourth quarter. MKT Advisors LLC now owns 22,672 shares of the company’s stock valued at $592,000 after acquiring an additional 9,609 shares during the period. NewEdge Advisors LLC acquired a new stake in iShares iBonds Oct 2030 Term TIPS ETF during the third quarter worth about $413,000. Susquehanna International Group LLP acquired a new stake in iShares iBonds Oct 2030 Term TIPS ETF during the third quarter worth about $239,000. Finally, Flow Traders U.S. LLC raised its holdings in shares of iShares iBonds Oct 2030 Term TIPS ETF by 41.1% in the 3rd quarter. Flow Traders U.S. LLC now owns 12,741 shares of the company’s stock worth $340,000 after purchasing an additional 3,714 shares during the period.

iShares iBonds Oct 2030 Term TIPS ETF Company Profile

The iShares iBonds Oct 2030 Term TIPS ETF (IBIG) 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 2030. The fund will terminate in October 2030 IBIG was launched on Sep 19, 2023 and is issued by BlackRock.