iShares iBonds Oct 2035 Term TIPS ETF (NYSEARCA:IBIL) Short Interest Up 137.3% in June

iShares iBonds Oct 2035 Term TIPS ETF (NYSEARCA:IBIL) was the target of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 39,409 shares, an increase of 137.3% from the June 15th total of 16,605 shares. Approximately 2.6% of the shares of the company are short sold. Based on an average daily trading volume, of 14,406 shares, the short-interest ratio is currently 2.7 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of IBIL. Jane Street Group LLC acquired a new stake in iShares iBonds Oct 2035 Term TIPS ETF in the first quarter worth about $1,204,000. LPL Financial LLC acquired a new position in iShares iBonds Oct 2035 Term TIPS ETF during the 4th quarter valued at about $474,000. 4Thought Financial Group Inc. acquired a new position in iShares iBonds Oct 2035 Term TIPS ETF during the 1st quarter valued at about $350,000. ARK & TLK Investments LLC bought a new stake in shares of iShares iBonds Oct 2035 Term TIPS ETF during the 4th quarter worth about $294,000. Finally, Quantum Financial Advisors LLC raised its position in shares of iShares iBonds Oct 2035 Term TIPS ETF by 14.9% during the 2nd quarter. Quantum Financial Advisors LLC now owns 10,258 shares of the company’s stock worth $263,000 after buying an additional 1,332 shares in the last quarter.

iShares iBonds Oct 2035 Term TIPS ETF Stock Performance

IBIL stock traded up $0.05 on Wednesday, reaching $24.89. The company’s stock had a trading volume of 11,904 shares, compared to its average volume of 9,129. iShares iBonds Oct 2035 Term TIPS ETF has a 52 week low of $24.78 and a 52 week high of $26.73. The firm has a fifty day moving average of $25.47 and a two-hundred day moving average of $25.56.

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.