iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) Short Interest Up 80.1% in May

iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) saw a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 53,155 shares, an increase of 80.1% from the May 14th total of 29,522 shares. Currently, 2.9% of the shares of the stock are sold short. Based on an average trading volume of 11,532 shares, the short-interest ratio is currently 4.6 days.

Hedge Funds Weigh In On iShares iBonds Oct 2031 Term TIPS ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. 4Thought Financial Group Inc. acquired a new position in iShares iBonds Oct 2031 Term TIPS ETF during the first quarter worth $351,000. Yoder Wealth Management Inc. boosted its stake in iShares iBonds Oct 2031 Term TIPS ETF by 10.7% during the first quarter. Yoder Wealth Management Inc. now owns 143,728 shares of the company’s stock worth $3,769,000 after buying an additional 13,918 shares during the last quarter. CENTRAL TRUST Co boosted its stake in iShares iBonds Oct 2031 Term TIPS ETF by 60.1% during the first quarter. CENTRAL TRUST Co now owns 66,566 shares of the company’s stock worth $1,745,000 after buying an additional 24,999 shares during the last quarter. Osaic Holdings Inc. boosted its stake in iShares iBonds Oct 2031 Term TIPS ETF by 25.3% during the fourth 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. Finally, Jane Street Group LLC boosted its stake in iShares iBonds Oct 2031 Term TIPS ETF by 8.4% during the fourth quarter. Jane Street Group LLC now owns 42,259 shares of the company’s stock worth $1,099,000 after buying an additional 3,278 shares during the last quarter.

iShares iBonds Oct 2031 Term TIPS ETF Stock Performance

IBIH stock remained flat at $26.35 during mid-day trading on Tuesday. 12,014 shares of the company’s stock were exchanged, compared to its average volume of 11,062. iShares iBonds Oct 2031 Term TIPS ETF has a 12 month low of $25.91 and a 12 month high of $26.79. The company’s fifty day moving average price is $26.34 and its 200 day moving average price is $26.26.

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.