iShares iBonds Oct 2030 Term TIPS ETF (NYSEARCA:IBIG) Short Interest Up 121.5% in September

iShares iBonds Oct 2030 Term TIPS ETF (NYSEARCA:IBIG) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 20,600 shares, a growth of 121.5% from the September 15th total of 9,300 shares. Based on an average trading volume of 10,400 shares, the short-interest ratio is currently 2.0 days. Based on an average trading volume of 10,400 shares, the short-interest ratio is currently 2.0 days.

iShares iBonds Oct 2030 Term TIPS ETF Stock Up 0.2%

iShares iBonds Oct 2030 Term TIPS ETF stock opened at $26.55 on Wednesday. The company has a 50 day moving average price of $26.62 and a 200-day moving average price of $26.32. iShares iBonds Oct 2030 Term TIPS ETF has a fifty-two week low of $25.14 and a fifty-two week high of $27.54.

Hedge Funds Weigh In On iShares iBonds Oct 2030 Term TIPS ETF

Institutional investors have recently bought and sold shares of the business. Quantum Financial Advisors LLC increased its holdings in iShares iBonds Oct 2030 Term TIPS ETF by 3.5% during the second quarter. Quantum Financial Advisors LLC now owns 172,915 shares of the company’s stock valued at $4,575,000 after buying an additional 5,782 shares during the period. MKT Advisors LLC purchased a new position in iShares iBonds Oct 2030 Term TIPS ETF in the second quarter worth $305,000. Royal Bank of Canada grew its holdings in iShares iBonds Oct 2030 Term TIPS ETF by 13.9% in the first quarter. Royal Bank of Canada now owns 14,341 shares of the company’s stock worth $379,000 after purchasing an additional 1,748 shares during the last quarter. Creative Planning purchased a new position in iShares iBonds Oct 2030 Term TIPS ETF in the second quarter worth $279,000. Finally, Osaic Holdings Inc. grew its holdings in iShares iBonds Oct 2030 Term TIPS ETF by 97.6% in the second quarter. Osaic Holdings Inc. now owns 1,235 shares of the company’s stock worth $33,000 after purchasing an additional 610 shares during the last quarter.

About iShares iBonds Oct 2030 Term TIPS ETF

The iShares iBonds Oct 2030 Term TIPS ETF (IBIG) 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 2030. The fund will terminate in October 2030 IBIG was launched on Sep 19, 2023 and is issued by BlackRock.