iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) Sees Large Increase in Short Interest

iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 7,200 shares, agrowthof1,100.0% from the June 30th total of 600 shares. Based on an average daily volume of 5,500 shares, the days-to-cover ratio is presently 1.3 days. Based on an average daily volume of 5,500 shares, the days-to-cover ratio is presently 1.3 days.

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

Hedge funds and other institutional investors have recently made changes to their positions in the business. Citadel Advisors LLC purchased a new stake in shares of iShares iBonds Oct 2031 Term TIPS ETF during the 4th quarter valued at about $913,000. Flow Traders U.S. LLC grew its stake in shares of iShares iBonds Oct 2031 Term TIPS ETF by 68.8% during the 1st quarter. Flow Traders U.S. LLC now owns 46,879 shares of the company’s stock valued at $1,234,000 after acquiring an additional 19,107 shares during the period. Yoder Wealth Management Inc. grew its stake in shares of iShares iBonds Oct 2031 Term TIPS ETF by 2.1% during the 1st quarter. Yoder Wealth Management Inc. now owns 100,485 shares of the company’s stock valued at $2,645,000 after acquiring an additional 2,100 shares during the period. Finally, Quantum Financial Advisors LLC grew its stake in shares of iShares iBonds Oct 2031 Term TIPS ETF by 5.4% during the 1st quarter. Quantum Financial Advisors LLC now owns 148,149 shares of the company’s stock valued at $3,899,000 after acquiring an additional 7,645 shares during the period.

iShares iBonds Oct 2031 Term TIPS ETF Stock Up 0.8%

NYSEARCA IBIH opened at $26.30 on Monday. iShares iBonds Oct 2031 Term TIPS ETF has a 52 week low of $25.01 and a 52 week high of $26.46. The company has a 50-day moving average price of $26.07 and a 200-day moving average price of $25.89.

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.