iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) Sees Significant Drop in Short Interest

iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE – Get Free Report) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 26,320 shares, a decline of 48.1% from the September 30th total of 50,698 shares. Based on an average daily volume of 102,855 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the company’s stock are sold short.

iShares iBonds Oct 2028 Term TIPS ETF Stock Up 0.1%

iShares iBonds Oct 2028 Term TIPS ETF stock traded up $0.03 during mid-day trading on Friday, reaching $25.83. The company’s stock had a trading volume of 51,179 shares, compared to its average volume of 58,408. iShares iBonds Oct 2028 Term TIPS ETF has a 12 month low of $25.54 and a 12 month high of $26.49. The business’s 50 day simple moving average is $25.71 and its 200 day simple moving average is $26.01.

Institutional Trading of iShares iBonds Oct 2028 Term TIPS ETF

A number of hedge funds have recently modified their holdings of the stock. Barrett & Company Inc. bought a new stake in iShares iBonds Oct 2028 Term TIPS ETF in the 3rd quarter valued at $26,000. Split Rock Private Trading & Wealth Management LLC grew its position in shares of iShares iBonds Oct 2028 Term TIPS ETF by 1.4% during the 3rd quarter. Split Rock Private Trading & Wealth Management LLC now owns 83,217 shares of the company’s stock worth $2,135,000 after purchasing an additional 1,149 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new position in shares of iShares iBonds Oct 2028 Term TIPS ETF during the 2nd quarter worth approximately $35,000. McIlrath & Eck LLC bought a new position in shares of iShares iBonds Oct 2028 Term TIPS ETF during the first quarter worth approximately $42,000. Finally, Burkett Financial Services LLC bought a new position in shares of iShares iBonds Oct 2028 Term TIPS ETF during the third quarter worth approximately $120,000.

iShares iBonds Oct 2028 Term TIPS ETF Company Profile

(Get Free Report)

The iShares iBonds Oct 2028 Term TIPS ETF (IBIE) 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 2028. The fund will terminate in October 2028. IBIE was launched on Sep 13, 2023 and is issued by BlackRock.

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