Short Interest in iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) Drops By 84.1%

iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) was the target of a large decline in short interest in December. As of December 15th, there was short interest totaling 3,287 shares, a decline of 84.1% from the November 30th total of 20,621 shares. Based on an average daily volume of 7,006 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.3% of the company’s stock are sold short. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 7,006 shares, the days-to-cover ratio is presently 0.5 days.

iShares iBonds Oct 2031 Term TIPS ETF Trading Up 0.2%

Shares of NYSEARCA IBIH traded up $0.04 during trading on Wednesday, reaching $26.01. The stock had a trading volume of 9,266 shares, compared to its average volume of 5,149. The business’s 50-day moving average price is $26.35 and its 200-day moving average price is $26.33. iShares iBonds Oct 2031 Term TIPS ETF has a fifty-two week low of $25.01 and a fifty-two week high of $26.79.

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

Institutional investors have recently bought and sold shares of the company. Jane Street Group LLC acquired a new stake in iShares iBonds Oct 2031 Term TIPS ETF in the 2nd quarter valued at approximately $757,000. Yoder Wealth Management Inc. lifted its holdings 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 during the last quarter. Quantum Financial Advisors LLC grew its position in iShares iBonds Oct 2031 Term TIPS ETF by 11.5% during the 3rd quarter. Quantum Financial Advisors LLC now owns 169,510 shares of the company’s stock worth $4,506,000 after purchasing an additional 17,467 shares in the last quarter. Citadel Advisors LLC raised its position in 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 buying an additional 13,290 shares during the period. Finally, Bradley & Co. Private Wealth Management LLC acquired a new stake in shares of iShares iBonds Oct 2031 Term TIPS ETF during the third quarter worth approximately $199,000.

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.