Short Interest in iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) Rises By 97.6%

iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) saw a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 12,192 shares, an increase of 97.6% from the January 15th total of 6,171 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 20,835 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily trading volume, of 20,835 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.3% of the company’s stock are short sold.

iShares iBonds Oct 2028 Term TIPS ETF Price Performance

IBIE stock opened at $26.11 on Friday. The firm has a 50 day simple moving average of $26.07 and a 200-day simple moving average of $26.22. iShares iBonds Oct 2028 Term TIPS ETF has a twelve month low of $25.69 and a twelve month high of $26.56.

Hedge Funds Weigh In On iShares iBonds Oct 2028 Term TIPS ETF

Several hedge funds have recently made changes to their positions in IBIE. Osaic Holdings Inc. lifted its position in shares of iShares iBonds Oct 2028 Term TIPS ETF by 177.9% in the second quarter. Osaic Holdings Inc. now owns 1,737 shares of the company’s stock worth $46,000 after purchasing an additional 1,112 shares in the last quarter. Parallel Advisors LLC acquired a new stake in iShares iBonds Oct 2028 Term TIPS ETF in the 4th quarter valued at $30,000. Creative Planning lifted its position in iShares iBonds Oct 2028 Term TIPS ETF by 10.0% during the 2nd quarter. Creative Planning now owns 12,570 shares of the company’s stock worth $330,000 after buying an additional 1,144 shares in the last quarter. MKT Advisors LLC boosted its stake in shares of iShares iBonds Oct 2028 Term TIPS ETF by 12.2% during the 4th quarter. MKT Advisors LLC now owns 17,535 shares of the company’s stock worth $456,000 after buying an additional 1,903 shares during the last quarter. Finally, Mendota Financial Group LLC bought a new position in shares of iShares iBonds Oct 2028 Term TIPS ETF in the 3rd quarter valued at about $64,000.

iShares iBonds Oct 2028 Term TIPS ETF Company Profile

The iShares iBonds Oct 2028 Term TIPS ETF (IBIE) 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 2028. The fund will terminate in October 2028. IBIE was launched on Sep 13, 2023 and is issued by BlackRock.