Short Interest in iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) Declines By 12.8%

iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) saw a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 7,010 shares, a decline of 12.8% from the February 26th total of 8,043 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 18,403 shares, the days-to-cover ratio is presently 0.4 days.

iShares iBonds Oct 2027 Term TIPS ETF Stock Up 0.1%

Shares of IBID opened at $26.10 on Tuesday. iShares iBonds Oct 2027 Term TIPS ETF has a 1 year low of $25.75 and a 1 year high of $28.47. The stock has a 50 day simple moving average of $25.95 and a two-hundred day simple moving average of $25.99.

Institutional Investors Weigh In On iShares iBonds Oct 2027 Term TIPS ETF

A number of institutional investors have recently made changes to their positions in the business. Parallel Advisors LLC purchased a new position in shares of iShares iBonds Oct 2027 Term TIPS ETF in the fourth quarter valued at about $30,000. Osaic Holdings Inc. raised its stake in shares of iShares iBonds Oct 2027 Term TIPS ETF by 190.6% during the second quarter. Osaic Holdings Inc. now owns 1,816 shares of the company’s stock valued at $48,000 after acquiring an additional 1,191 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of iShares iBonds Oct 2027 Term TIPS ETF during the second quarter worth about $97,000. IFG Advisory LLC purchased a new stake in shares of iShares iBonds Oct 2027 Term TIPS ETF during the fourth quarter worth about $235,000. Finally, MKT Advisors LLC grew its stake in shares of iShares iBonds Oct 2027 Term TIPS ETF by 30.8% in the third quarter. MKT Advisors LLC now owns 15,651 shares of the company’s stock worth $407,000 after purchasing an additional 3,681 shares during the last quarter.

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.