iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) Shares Shorted: Short Interest Up 88.2% in September

iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 109,154 shares, a growth of 88.2% from the August 31st total of 58,010 shares. Based on an average daily volume of 53,389 shares, the days-to-cover ratio is presently 2.0 days. Currently, 2.2% of the shares of the stock are sold short.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC purchased a new stake in shares of iShares iBonds Oct 2029 Term TIPS ETF in the 2nd quarter worth $35,000. Allworth Financial LP increased its stake in shares of iShares iBonds Oct 2029 Term TIPS ETF by 427.3% during the second quarter. Allworth Financial LP now owns 10,509 shares of the company’s stock valued at $276,000 after buying an additional 8,516 shares during the period. Citadel Advisors LLC increased its stake in shares of iShares iBonds Oct 2029 Term TIPS ETF by 107.5% during the second quarter. Citadel Advisors LLC now owns 90,905 shares of the company’s stock valued at $2,390,000 after buying an additional 47,087 shares during the period. Jim Saulnier & Associates LLC raised its holdings in shares of iShares iBonds Oct 2029 Term TIPS ETF by 18.9% in the second quarter. Jim Saulnier & Associates LLC now owns 32,786 shares of the company’s stock valued at $862,000 after acquiring an additional 5,202 shares in the last quarter. Finally, Quantum Financial Advisors LLC raised its holdings in shares of iShares iBonds Oct 2029 Term TIPS ETF by 8.0% in the second quarter. Quantum Financial Advisors LLC now owns 343,768 shares of the company’s stock valued at $9,038,000 after acquiring an additional 25,382 shares in the last quarter.

iShares iBonds Oct 2029 Term TIPS ETF Stock Performance

Shares of NYSEARCA IBIF traded up $0.01 during trading hours on Wednesday, hitting $25.41. 68,042 shares of the company traded hands, compared to its average volume of 24,895. The company’s 50 day moving average price is $25.66 and its 200 day moving average price is $26.03. iShares iBonds Oct 2029 Term TIPS ETF has a 12 month low of $25.35 and a 12 month high of $26.51.

iShares iBonds Oct 2029 Term TIPS ETF Company Profile

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.