iShares iBonds Oct 2034 Term TIPS ETF (NYSEARCA:IBIK) Short Interest Down 92.7% in May

iShares iBonds Oct 2034 Term TIPS ETF (NYSEARCA:IBIK) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totaling 2,055 shares, a decline of 92.7% from the April 30th total of 27,978 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 9,326 shares, the short-interest ratio is presently 0.2 days.

iShares iBonds Oct 2034 Term TIPS ETF Stock Up 0.1%

Shares of NYSEARCA IBIK traded up $0.02 during midday trading on Wednesday, hitting $25.92. The company had a trading volume of 5,183 shares, compared to its average volume of 17,291. iShares iBonds Oct 2034 Term TIPS ETF has a twelve month low of $25.20 and a twelve month high of $26.53. The business has a 50-day simple moving average of $25.87 and a two-hundred day simple moving average of $25.88.

Institutional Trading of iShares iBonds Oct 2034 Term TIPS ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. D.A. Davidson & CO. lifted its stake in shares of iShares iBonds Oct 2034 Term TIPS ETF by 3.9% in the first quarter. D.A. Davidson & CO. now owns 163,436 shares of the company’s stock valued at $4,208,000 after purchasing an additional 6,195 shares during the period. 4Thought Financial Group Inc. acquired a new stake in shares of iShares iBonds Oct 2034 Term TIPS ETF in the first quarter valued at about $350,000. Jane Street Group LLC acquired a new stake in shares of iShares iBonds Oct 2034 Term TIPS ETF in the fourth quarter valued at about $368,000. ARK & TLK Investments LLC acquired a new stake in shares of iShares iBonds Oct 2034 Term TIPS ETF in the fourth quarter valued at about $295,000. Finally, HighTower Advisors LLC raised its position in iShares iBonds Oct 2034 Term TIPS ETF by 1.3% during the fourth quarter. HighTower Advisors LLC now owns 891,168 shares of the company’s stock worth $22,850,000 after acquiring an additional 11,527 shares during the last quarter.

iShares iBonds Oct 2034 Term TIPS ETF Company Profile

The iShares iBonds Oct 2034 Term TIPS ETF (IBIK) 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 2034. The fund will terminate in October 2034 IBIK was launched on May 22, 2024 and is issued by BlackRock.