iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) Short Interest Update

iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) was the target of a large increase in short interest in the month of April. As of April 15th, there was short interest totaling 29,033 shares, an increase of 62.1% from the March 31st total of 17,909 shares. Based on an average trading volume of 54,036 shares, the short-interest ratio is currently 0.5 days. Currently, 0.8% of the shares of the company are short sold.

iShares iBonds Oct 2029 Term TIPS ETF Stock Up 0.1%

IBIF traded up $0.02 during trading hours on Monday, reaching $26.46. The company’s stock had a trading volume of 9,657 shares, compared to its average volume of 21,548. iShares iBonds Oct 2029 Term TIPS ETF has a 52 week low of $25.94 and a 52 week high of $26.67. The company’s 50-day moving average is $26.27 and its 200-day moving average is $26.23.

Institutional Investors Weigh In On iShares iBonds Oct 2029 Term TIPS ETF

A number of large investors have recently added to or reduced their stakes in the business. Osaic Holdings Inc. grew its holdings in iShares iBonds Oct 2029 Term TIPS ETF by 169.8% in the 2nd quarter. Osaic Holdings Inc. now owns 1,686 shares of the company’s stock valued at $45,000 after buying an additional 1,061 shares in the last quarter. Parallel Advisors LLC acquired a new position in iShares iBonds Oct 2029 Term TIPS ETF in the 4th quarter valued at $30,000. Creative Planning grew its holdings in iShares iBonds Oct 2029 Term TIPS ETF by 9.0% in the 3rd quarter. Creative Planning now owns 15,486 shares of the company’s stock valued at $411,000 after buying an additional 1,283 shares in the last quarter. Jane Street Group LLC grew its holdings in iShares iBonds Oct 2029 Term TIPS ETF by 14.3% in the 1st quarter. Jane Street Group LLC now owns 11,689 shares of the company’s stock valued at $308,000 after buying an additional 1,462 shares in the last quarter. Finally, MKT Advisors LLC grew its holdings in iShares iBonds Oct 2029 Term TIPS ETF by 11.8% in the 4th quarter. MKT Advisors LLC now owns 16,993 shares of the company’s stock valued at $443,000 after buying an additional 1,787 shares in the last quarter.

About iShares iBonds Oct 2029 Term TIPS ETF

The iShares iBonds Oct 2029 Term TIPS ETF (IBIF) 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 2029. The fund will terminate in October 2029 IBIF was launched on Sep 19, 2023 and is issued by BlackRock.