Short Interest in iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) Rises By 86.9%

iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 85,677 shares, a growth of 86.9% from the July 30th total of 45,830 shares. Based on an average trading volume of 27,343 shares, the days-to-cover ratio is presently 3.1 days. Approximately 3.2% of the shares of the stock are sold short.

iShares iBonds Oct 2031 Term TIPS ETF Stock Performance

NYSEARCA IBIH traded up $0.01 on Monday, reaching $25.57. 17,287 shares of the company were exchanged, compared to its average volume of 15,031. The business’s fifty day moving average price is $25.73 and its 200 day moving average price is $26.11. iShares iBonds Oct 2031 Term TIPS ETF has a fifty-two week low of $25.52 and a fifty-two week high of $26.79.

Institutional Trading of iShares iBonds Oct 2031 Term TIPS ETF

Several hedge funds have recently added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC grew its holdings in shares of iShares iBonds Oct 2031 Term TIPS ETF by 34.8% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,871 shares of the company’s stock worth $75,000 after buying an additional 741 shares during the last quarter. Osaic Holdings Inc. raised its position in iShares iBonds Oct 2031 Term TIPS ETF by 25.3% during the 4th quarter. Osaic Holdings Inc. now owns 8,406 shares of the company’s stock worth $219,000 after buying an additional 1,698 shares during the last quarter. 4Thought Financial Group Inc. acquired a new stake in shares of iShares iBonds Oct 2031 Term TIPS ETF in the 1st quarter worth $351,000. Jim Saulnier & Associates LLC boosted its holdings in shares of iShares iBonds Oct 2031 Term TIPS ETF by 9.8% in the second quarter. Jim Saulnier & Associates LLC now owns 15,443 shares of the company’s stock valued at $406,000 after acquiring an additional 1,378 shares in the last quarter. Finally, LPL Financial LLC boosted its holdings in shares of iShares iBonds Oct 2031 Term TIPS ETF by 52.1% in the fourth quarter. LPL Financial LLC now owns 16,025 shares of the company’s stock valued at $417,000 after acquiring an additional 5,491 shares in the last quarter.

About iShares iBonds Oct 2031 Term TIPS ETF

The iShares iBonds Oct 2031 Term TIPS ETF (IBIH) 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 2031. The fund will terminate in October 2031 IBIH was launched on Sep 19, 2023 and is issued by BlackRock.