iShares iBonds Oct 2035 Term TIPS ETF (NYSEARCA:IBIL) Stock Short Interest Drops 43.8%

iShares iBonds Oct 2035 Term TIPS ETF (NYSEARCA:IBIL) saw a large decrease in short interest in September. As of September 15th, there was short interest totaling 60,333 shares, a decrease of 43.8% from the August 31st total of 107,400 shares. Approximately 3.1% of the shares of the stock are sold short. Based on an average daily volume of 24,774 shares, the days-to-cover ratio is currently 2.4 days.

iShares iBonds Oct 2035 Term TIPS ETF Stock Performance

Shares of NYSEARCA:IBIL remained flat at $23.82 during midday trading on Wednesday. 12,859 shares of the stock traded hands, compared to its average volume of 12,206. The stock has a fifty day moving average price of $24.60 and a 200-day moving average price of $25.17. iShares iBonds Oct 2035 Term TIPS ETF has a one year low of $23.77 and a one year high of $26.73.

Institutional Investors Weigh In On iShares iBonds Oct 2035 Term TIPS ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Citadel Advisors LLC grew its holdings in shares of iShares iBonds Oct 2035 Term TIPS ETF by 8.9% during the second quarter. Citadel Advisors LLC now owns 38,837 shares of the company’s stock worth $996,000 after purchasing an additional 3,186 shares during the last quarter. 4Thought Financial Group Inc. bought a new stake in shares of iShares iBonds Oct 2035 Term TIPS ETF in the 1st quarter valued at about $350,000. Quantum Financial Advisors LLC lifted its stake in shares of iShares iBonds Oct 2035 Term TIPS ETF by 14.9% in the second quarter. Quantum Financial Advisors LLC now owns 10,258 shares of the company’s stock worth $263,000 after acquiring an additional 1,332 shares during the period. Finally, CENTRAL TRUST Co increased its position in 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 valued at $31,000 after purchasing an additional 713 shares during the period.

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.