Short Interest in iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) Declines By 50.6%

iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) was the recipient of a significant decline in short interest in May. As of May 15th, there was short interest totaling 29,522 shares, a decline of 50.6% from the April 30th total of 59,811 shares. Approximately 1.6% of the company’s stock are short sold. Based on an average trading volume of 10,897 shares, the days-to-cover ratio is currently 2.7 days.

Institutional Investors Weigh In On iShares iBonds Oct 2031 Term TIPS ETF

A number of large investors have recently modified their holdings of IBIH. CENTRAL TRUST Co grew its stake in shares of iShares iBonds Oct 2031 Term TIPS ETF by 928.9% during the fourth quarter. CENTRAL TRUST Co now owns 41,567 shares of the company’s stock worth $1,081,000 after acquiring an additional 37,527 shares during the last quarter. Jane Street Group LLC acquired a new position in iShares iBonds Oct 2031 Term TIPS ETF in the 2nd quarter valued at $757,000. IFG Advisory LLC acquired a new position in iShares iBonds Oct 2031 Term TIPS ETF in the 4th quarter valued at $494,000. Yoder Wealth Management Inc. raised its stake in iShares iBonds Oct 2031 Term TIPS ETF by 10.7% in the 1st quarter. Yoder Wealth Management Inc. now owns 143,728 shares of the company’s stock valued at $3,769,000 after purchasing an additional 13,918 shares during the last quarter. Finally, 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.

iShares iBonds Oct 2031 Term TIPS ETF Stock Performance

Shares of IBIH stock traded up $0.01 on Monday, hitting $26.43. The stock had a trading volume of 21,948 shares, compared to its average volume of 10,911. The business has a 50 day moving average price of $26.31 and a 200 day moving average price of $26.27. iShares iBonds Oct 2031 Term TIPS ETF has a one year low of $25.85 and a one year high of $26.79.

iShares iBonds Oct 2031 Term TIPS ETF Company Profile

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.