Short Interest in iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) Decreases By 20.5%

iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) was the target of a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 19,712 shares, a decline of 20.5% from the December 31st total of 24,802 shares. Based on an average daily volume of 13,048 shares, the short-interest ratio is presently 1.5 days. Approximately 0.9% of the shares of the company are sold short. Approximately 0.9% of the shares of the company are sold short. Based on an average daily volume of 13,048 shares, the short-interest ratio is presently 1.5 days.

Institutional Investors Weigh In On iShares iBonds Oct 2029 Term TIPS ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Osaic Holdings Inc. lifted its holdings in iShares iBonds Oct 2029 Term TIPS ETF by 169.8% during the 2nd quarter. Osaic Holdings Inc. now owns 1,686 shares of the company’s stock valued at $45,000 after purchasing an additional 1,061 shares during the last quarter. Steward Partners Investment Advisory LLC increased its holdings in iShares iBonds Oct 2029 Term TIPS ETF by 229.1% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 2,587 shares of the company’s stock valued at $68,000 after purchasing an additional 1,801 shares in the last quarter. IFG Advisory LLC bought a new position in iShares iBonds Oct 2029 Term TIPS ETF in the 3rd quarter valued at $287,000. Jane Street Group LLC boosted its stake in iShares iBonds Oct 2029 Term TIPS ETF by 14.3% in the first quarter. Jane Street Group LLC now owns 11,689 shares of the company’s stock worth $308,000 after purchasing an additional 1,462 shares in the last quarter. Finally, Creative Planning boosted its stake in iShares iBonds Oct 2029 Term TIPS ETF by 24.5% in the second quarter. Creative Planning now owns 14,203 shares of the company’s stock worth $375,000 after purchasing an additional 2,799 shares in the last quarter.

iShares iBonds Oct 2029 Term TIPS ETF Price Performance

Shares of NYSEARCA IBIF traded up $0.02 during mid-day trading on Friday, hitting $26.20. 13,175 shares of the company were exchanged, compared to its average volume of 16,144. iShares iBonds Oct 2029 Term TIPS ETF has a 1-year low of $25.55 and a 1-year high of $26.67. The stock has a 50 day simple moving average of $26.15 and a 200-day simple moving average of $26.30.

iShares iBonds Oct 2029 Term TIPS ETF Company Profile

The iShares iBonds Oct 2029 Term TIPS ETF (IBIF) 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 2029. The fund will terminate in October 2029 IBIF was launched on Sep 19, 2023 and is issued by BlackRock.