iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) Sees Significant Increase in Short Interest

iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totaling 7,520 shares, an increase of 128.8% from the December 15th total of 3,287 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 11,030 shares, the short-interest ratio is currently 0.7 days. Based on an average daily trading volume, of 11,030 shares, the short-interest ratio is currently 0.7 days. Currently, 0.5% of the shares of the stock are sold short.

Institutional Investors Weigh In On iShares iBonds Oct 2031 Term TIPS ETF

Large investors have recently bought and sold shares of the stock. CENTRAL TRUST Co grew its position in shares of iShares iBonds Oct 2031 Term TIPS ETF by 364.0% in the 2nd quarter. CENTRAL TRUST Co now owns 1,160 shares of the company’s stock valued at $31,000 after buying an additional 910 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its stake in shares of iShares iBonds Oct 2031 Term TIPS ETF by 123.3% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 2,101 shares of the company’s stock worth $55,000 after acquiring an additional 1,160 shares in the last quarter. Bradley & Co. Private Wealth Management LLC acquired a new stake in iShares iBonds Oct 2031 Term TIPS ETF in the third quarter valued at $199,000. ARK & TLK Investments LLC lifted its holdings in shares of iShares iBonds Oct 2031 Term TIPS ETF by 2.5% in the second quarter. ARK & TLK Investments LLC now owns 19,558 shares of the company’s stock valued at $516,000 after purchasing an additional 474 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of iShares iBonds Oct 2031 Term TIPS ETF during the 2nd quarter worth about $757,000.

iShares iBonds Oct 2031 Term TIPS ETF Stock Down 0.2%

Shares of IBIH traded down $0.05 during midday trading on Thursday, reaching $26.06. The company had a trading volume of 6,247 shares, compared to its average volume of 6,705. The firm has a 50 day simple moving average of $26.24 and a 200-day simple moving average of $26.32. iShares iBonds Oct 2031 Term TIPS ETF has a 1-year low of $25.17 and a 1-year 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.