iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) Short Interest Up 391.9% in April

iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 59,835 shares, an increase of 391.9% from the March 31st total of 12,163 shares. Approximately 3.2% of the shares of the stock are sold short. Based on an average trading volume of 17,241 shares, the days-to-cover ratio is currently 3.5 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in IBIH. Jane Street Group LLC purchased a new position in shares of iShares iBonds Oct 2031 Term TIPS ETF during the second quarter valued at about $757,000. 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 valued at $3,345,000 after purchasing an additional 18,780 shares in the last quarter. CENTRAL TRUST Co grew its position in shares of iShares iBonds Oct 2031 Term TIPS ETF by 248.3% during the third quarter. CENTRAL TRUST Co now owns 4,040 shares of the company’s stock valued at $107,000 after purchasing an additional 2,880 shares in the last quarter. Bradley & Co. Private Wealth Management LLC purchased a new position in shares of iShares iBonds Oct 2031 Term TIPS ETF during the third quarter valued at about $199,000. Finally, Citadel Advisors LLC grew its position in shares of iShares iBonds Oct 2031 Term TIPS ETF by 36.8% during the third quarter. Citadel Advisors LLC now owns 49,418 shares of the company’s stock valued at $1,314,000 after purchasing an additional 13,290 shares in the last quarter.

iShares iBonds Oct 2031 Term TIPS ETF Price Performance

NYSEARCA:IBIH opened at $26.48 on Friday. The business’s 50-day simple moving average is $26.29 and its two-hundred day simple moving average is $26.27. iShares iBonds Oct 2031 Term TIPS ETF has a 52 week low of $25.77 and a 52 week high of $26.79.

About iShares iBonds Oct 2031 Term TIPS ETF

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.