iShares iBonds Oct 2035 Term TIPS ETF (NYSEARCA:IBIL) Sees Significant Increase in Short Interest

iShares iBonds Oct 2035 Term TIPS ETF (NYSEARCA:IBIL) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totaling 16,605 shares, an increase of 206.0% from the May 31st total of 5,427 shares. Based on an average daily trading volume, of 8,503 shares, the days-to-cover ratio is currently 2.0 days. Currently, 1.2% of the shares of the stock are sold short.

Hedge Funds Weigh In On iShares iBonds Oct 2035 Term TIPS ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IBIL. 4Thought Financial Group Inc. acquired a new stake in shares of iShares iBonds Oct 2035 Term TIPS ETF in the first quarter valued at approximately $350,000. CENTRAL TRUST Co raised its position in shares of iShares iBonds Oct 2035 Term TIPS ETF by 142.6% during the 1st quarter. CENTRAL TRUST Co now owns 1,213 shares of the company’s stock worth $31,000 after purchasing an additional 713 shares during the last quarter. Jane Street Group LLC lifted its stake in iShares iBonds Oct 2035 Term TIPS ETF by 38.0% in the 4th quarter. Jane Street Group LLC now owns 29,319 shares of the company’s stock valued at $745,000 after buying an additional 8,077 shares in the last quarter. LPL Financial LLC acquired a new stake in iShares iBonds Oct 2035 Term TIPS ETF during the 4th quarter valued at $474,000. Finally, ARK & TLK Investments LLC acquired a new stake in iShares iBonds Oct 2035 Term TIPS ETF during the 4th quarter valued at $294,000.

iShares iBonds Oct 2035 Term TIPS ETF Price Performance

Shares of iShares iBonds Oct 2035 Term TIPS ETF stock traded down $0.02 on Tuesday, hitting $25.75. The company’s stock had a trading volume of 1,196 shares, compared to its average volume of 8,497. iShares iBonds Oct 2035 Term TIPS ETF has a 52-week low of $24.95 and a 52-week high of $26.73. The firm has a fifty day moving average price of $25.66 and a 200-day moving average price of $25.61.

About iShares iBonds Oct 2035 Term TIPS ETF

The iShares iBonds Oct 2035 Term TIPS ETF seeks to track the investment results of the ICE 2035 Maturity US Inflation-Linked Treasury Index, which is composed of U.S. Treasury Inflation-Protected Securities (TIPS) maturing between January 1, 2035, and October 15, 2035.