iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) Short Interest Up 96.3% in March

iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) was the target of a significant increase in short interest in March. As of March 31st, there was short interest totaling 12,163 shares, an increase of 96.3% from the March 15th total of 6,195 shares. Based on an average daily trading volume, of 6,201 shares, the days-to-cover ratio is currently 2.0 days. Approximately 0.7% of the company’s stock are sold short.

Hedge Funds Weigh In On iShares iBonds Oct 2031 Term TIPS ETF

A number of institutional investors and hedge funds have recently made changes to their positions in IBIH. CENTRAL TRUST Co grew its position in shares of iShares iBonds Oct 2031 Term TIPS ETF by 928.9% during the fourth quarter. CENTRAL TRUST Co now owns 41,567 shares of the company’s stock worth $1,081,000 after buying an additional 37,527 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of iShares iBonds Oct 2031 Term TIPS ETF during the second quarter worth about $757,000. IFG Advisory LLC acquired a new position in shares of iShares iBonds Oct 2031 Term TIPS ETF during the fourth quarter worth about $494,000. Yoder Wealth Management Inc. grew its position in shares of iShares iBonds Oct 2031 Term TIPS ETF by 17.5% during the third quarter. Yoder Wealth Management Inc. now owns 125,825 shares of the company’s stock worth $3,345,000 after buying an additional 18,780 shares in the last quarter. Finally, Quantum Financial Advisors LLC grew its position in shares of iShares iBonds Oct 2031 Term TIPS ETF by 11.5% during the third quarter. Quantum Financial Advisors LLC now owns 169,510 shares of the company’s stock worth $4,506,000 after buying an additional 17,467 shares in the last quarter.

iShares iBonds Oct 2031 Term TIPS ETF Price Performance

Shares of iShares iBonds Oct 2031 Term TIPS ETF stock opened at $26.23 on Monday. iShares iBonds Oct 2031 Term TIPS ETF has a one year low of $25.17 and a one year high of $26.79. The business has a 50-day simple moving average of $26.27 and a 200-day simple moving average of $26.27.

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.