Short Interest in iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) Decreases By 53.8%

iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) saw a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 47,032 shares, a drop of 53.8% from the May 14th total of 101,839 shares. Based on an average daily volume of 34,568 shares, the days-to-cover ratio is currently 1.4 days. Currently, 0.8% of the shares of the stock are sold short.

Institutional Trading of iShares iBonds Oct 2028 Term TIPS ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in IBIE. CENTRAL TRUST Co grew its position in iShares iBonds Oct 2028 Term TIPS ETF by 219.5% in the fourth quarter. CENTRAL TRUST Co now owns 59,016 shares of the company’s stock worth $1,533,000 after buying an additional 40,544 shares during the last quarter. North Star Investment Management Corp. increased its holdings in shares of iShares iBonds Oct 2028 Term TIPS ETF by 237.3% in the fourth quarter. North Star Investment Management Corp. now owns 126,050 shares of the company’s stock valued at $3,274,000 after buying an additional 88,675 shares in the last quarter. Osaic Holdings Inc. increased its holdings in shares of iShares iBonds Oct 2028 Term TIPS ETF by 124.7% in the fourth quarter. Osaic Holdings Inc. now owns 32,763 shares of the company’s stock valued at $851,000 after buying an additional 18,183 shares in the last quarter. Jane Street Group LLC increased its holdings in shares of iShares iBonds Oct 2028 Term TIPS ETF by 146.2% in the second quarter. Jane Street Group LLC now owns 27,854 shares of the company’s stock valued at $732,000 after buying an additional 16,541 shares in the last quarter. Finally, Creative Planning increased its holdings in shares of iShares iBonds Oct 2028 Term TIPS ETF by 10.0% in the second quarter. Creative Planning now owns 12,570 shares of the company’s stock valued at $330,000 after buying an additional 1,144 shares in the last quarter.

iShares iBonds Oct 2028 Term TIPS ETF Stock Down 0.1%

Shares of IBIE traded down $0.02 during midday trading on Friday, reaching $26.41. The stock had a trading volume of 107,109 shares, compared to its average volume of 32,809. The firm’s 50 day moving average price is $26.35 and its 200-day moving average price is $26.20. iShares iBonds Oct 2028 Term TIPS ETF has a 52 week low of $25.92 and a 52 week high of $26.56.

iShares iBonds Oct 2028 Term TIPS ETF Company Profile

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.