iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) Short Interest Down 69.0% in March

iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) was the target of a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 6,195 shares, a drop of 69.0% from the February 26th total of 20,003 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 11,126 shares, the short-interest ratio is currently 0.6 days. Based on an average daily trading volume, of 11,126 shares, the short-interest ratio is currently 0.6 days. Currently, 0.4% of the shares of the company are sold short.

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

A number of institutional investors and hedge funds have recently modified their holdings of the company. CENTRAL TRUST Co boosted its position in iShares iBonds Oct 2031 Term TIPS ETF by 928.9% in the fourth quarter. CENTRAL TRUST Co now owns 41,567 shares of the company’s stock valued at $1,081,000 after buying an additional 37,527 shares during the last quarter. Jane Street Group LLC purchased a new stake in iShares iBonds Oct 2031 Term TIPS ETF in the second quarter valued at $757,000. IFG Advisory LLC acquired a new stake in iShares iBonds Oct 2031 Term TIPS ETF during the 4th quarter worth about $494,000. Yoder Wealth Management Inc. raised its stake in shares of iShares iBonds Oct 2031 Term TIPS ETF by 17.5% during the 3rd quarter. Yoder Wealth Management Inc. now owns 125,825 shares of the company’s stock valued at $3,345,000 after buying an additional 18,780 shares during the last quarter. Finally, Quantum Financial Advisors LLC raised its position in iShares iBonds Oct 2031 Term TIPS ETF by 11.5% during the third quarter. Quantum Financial Advisors LLC now owns 169,510 shares of the company’s stock valued at $4,506,000 after acquiring an additional 17,467 shares in the last quarter.

iShares iBonds Oct 2031 Term TIPS ETF Price Performance

Shares of NYSEARCA IBIH traded up $0.03 during mid-day trading on Wednesday, hitting $26.08. The stock had a trading volume of 286 shares, compared to its average volume of 9,124. The company has a 50 day moving average of $26.25 and a two-hundred day moving average of $26.32. iShares iBonds Oct 2031 Term TIPS ETF has a twelve month low of $25.17 and a twelve month 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.