Short Interest in iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) Grows By 155.0%

iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) was the target of a large increase in short interest in March. As of March 31st, there was short interest totaling 17,874 shares, an increase of 155.0% from the March 15th total of 7,010 shares. Based on an average daily trading volume, of 20,993 shares, the short-interest ratio is currently 0.9 days. Approximately 0.5% of the company’s stock are sold short.

iShares iBonds Oct 2027 Term TIPS ETF Stock Performance

Shares of iShares iBonds Oct 2027 Term TIPS ETF stock opened at $26.07 on Friday. The company has a fifty day simple moving average of $25.99 and a 200-day simple moving average of $25.98. iShares iBonds Oct 2027 Term TIPS ETF has a 12-month low of $25.75 and a 12-month high of $26.31.

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

Several hedge funds have recently modified their holdings of the company. Quantum Financial Advisors LLC boosted its stake in shares of iShares iBonds Oct 2027 Term TIPS ETF by 4.3% during the 4th quarter. Quantum Financial Advisors LLC now owns 273,037 shares of the company’s stock worth $7,044,000 after purchasing an additional 11,272 shares during the last quarter. Addison Advisors LLC boosted its position in shares of iShares iBonds Oct 2027 Term TIPS ETF by 7.3% in the fourth quarter. Addison Advisors LLC now owns 105,972 shares of the company’s stock worth $2,734,000 after acquiring an additional 7,196 shares during the last quarter. High Note Wealth LLC boosted its position in shares of iShares iBonds Oct 2027 Term TIPS ETF by 51.0% in the third quarter. High Note Wealth LLC now owns 51,679 shares of the company’s stock worth $1,357,000 after acquiring an additional 17,450 shares during the last quarter. LPL Financial LLC boosted its position in shares of iShares iBonds Oct 2027 Term TIPS ETF by 148.1% in the fourth quarter. LPL Financial LLC now owns 39,222 shares of the company’s stock worth $1,012,000 after acquiring an additional 23,414 shares during the last quarter. Finally, Jane Street Group LLC boosted its position in shares of iShares iBonds Oct 2027 Term TIPS ETF by 92.3% in the first quarter. Jane Street Group LLC now owns 32,497 shares of the company’s stock worth $854,000 after acquiring an additional 15,602 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.