Short Interest in iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) Expands By 34.8%

iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) was the target of a significant growth in short interest in February. As of February 27th, there was short interest totaling 13,372 shares, a growth of 34.8% from the February 12th total of 9,918 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily volume of 17,091 shares, the days-to-cover ratio is currently 0.8 days. Based on an average daily volume of 17,091 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.6% of the company’s stock are short sold.

Institutional Investors Weigh In On iShares iBonds Oct 2029 Term TIPS ETF

Large investors have recently bought and sold shares of the stock. Quantum Financial Advisors LLC lifted its stake in iShares iBonds Oct 2029 Term TIPS ETF by 6.6% in the fourth quarter. Quantum Financial Advisors LLC now owns 242,938 shares of the company’s stock worth $6,322,000 after acquiring an additional 15,028 shares during the last quarter. CENTRAL TRUST Co increased its position in shares of iShares iBonds Oct 2029 Term TIPS ETF by 228.6% in the 4th quarter. CENTRAL TRUST Co now owns 77,054 shares of the company’s stock valued at $2,005,000 after purchasing an additional 53,606 shares during the last quarter. Robertson Stephens Wealth Management LLC increased its position in shares of iShares iBonds Oct 2029 Term TIPS ETF by 10.1% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 74,393 shares of the company’s stock valued at $1,936,000 after purchasing an additional 6,818 shares during the last quarter. Susquehanna International Group LLP acquired a new stake in shares of iShares iBonds Oct 2029 Term TIPS ETF in the 3rd quarter valued at $1,246,000. Finally, Jane Street Group LLC lifted its position in shares of iShares iBonds Oct 2029 Term TIPS ETF by 378.2% during the 4th quarter. Jane Street Group LLC now owns 45,981 shares of the company’s stock worth $1,197,000 after purchasing an additional 36,365 shares during the last quarter.

iShares iBonds Oct 2029 Term TIPS ETF Price Performance

NYSEARCA IBIF opened at $26.29 on Tuesday. The firm has a 50 day simple moving average of $26.18 and a 200-day simple moving average of $26.28. iShares iBonds Oct 2029 Term TIPS ETF has a one year low of $25.55 and a one year high of $26.67.

iShares iBonds Oct 2029 Term TIPS ETF Company Profile

The iShares iBonds Oct 2029 Term TIPS ETF (IBIF) 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 2029. The fund will terminate in October 2029 IBIF was launched on Sep 19, 2023 and is issued by BlackRock.