iShares iBonds Oct 2030 Term TIPS ETF (NYSEARCA:IBIG) Short Interest Update

iShares iBonds Oct 2030 Term TIPS ETF (NYSEARCA:IBIG) was the recipient of a significant increase in short interest in February. As of February 13th, there was short interest totaling 16,610 shares, an increase of 149.9% from the January 29th total of 6,647 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average trading volume of 24,976 shares, the days-to-cover ratio is currently 0.7 days. Based on an average trading volume of 24,976 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.4% of the company’s stock are sold short.

Hedge Funds Weigh In On iShares iBonds Oct 2030 Term TIPS ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Quantum Financial Advisors LLC boosted its stake in iShares iBonds Oct 2030 Term TIPS ETF by 11.4% during the 3rd quarter. Quantum Financial Advisors LLC now owns 192,684 shares of the company’s stock valued at $5,141,000 after purchasing an additional 19,769 shares during the period. D.A. Davidson & CO. lifted its holdings in shares of iShares iBonds Oct 2030 Term TIPS ETF by 33.7% during the third quarter. D.A. Davidson & CO. now owns 134,025 shares of the company’s stock worth $3,576,000 after buying an additional 33,814 shares during the last quarter. TRUE Private Wealth Advisors bought a new stake in shares of iShares iBonds Oct 2030 Term TIPS ETF in the second quarter valued at approximately $39,329,000. Jim Saulnier & Associates LLC boosted its position in shares of iShares iBonds Oct 2030 Term TIPS ETF by 2.9% in the second quarter. Jim Saulnier & Associates LLC now owns 13,309 shares of the company’s stock valued at $352,000 after acquiring an additional 379 shares during the period. Finally, MKT Advisors LLC grew its stake in shares of iShares iBonds Oct 2030 Term TIPS ETF by 11.9% in the third quarter. MKT Advisors LLC now owns 13,063 shares of the company’s stock worth $345,000 after acquiring an additional 1,390 shares during the last quarter.

iShares iBonds Oct 2030 Term TIPS ETF Price Performance

Shares of NYSEARCA IBIG opened at $26.38 on Friday. The business’s 50-day simple moving average is $26.14 and its 200-day simple moving average is $26.40. iShares iBonds Oct 2030 Term TIPS ETF has a 52 week low of $25.38 and a 52 week high of $27.54.

iShares iBonds Oct 2030 Term TIPS ETF Company Profile

The iShares iBonds Oct 2030 Term TIPS ETF (IBIG) 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 2030. The fund will terminate in October 2030 IBIG was launched on Sep 19, 2023 and is issued by BlackRock.