iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) Short Interest Update

iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 58,010 shares, a growth of 85.1% from the August 15th total of 31,341 shares. Approximately 1.4% of the company’s stock are short sold. Based on an average daily volume of 48,121 shares, the short-interest ratio is currently 1.2 days.

Hedge Funds Weigh In On iShares iBonds Oct 2029 Term TIPS ETF

Large investors have recently added to or reduced their stakes in the company. CENTRAL TRUST Co increased its stake in iShares iBonds Oct 2029 Term TIPS ETF by 41.6% during the first quarter. CENTRAL TRUST Co now owns 109,111 shares of the company’s stock valued at $2,864,000 after purchasing an additional 32,057 shares during the last quarter. Quantum Financial Advisors LLC lifted its position in shares of iShares iBonds Oct 2029 Term TIPS ETF by 8.0% in the 2nd quarter. Quantum Financial Advisors LLC now owns 343,768 shares of the company’s stock worth $9,038,000 after buying an additional 25,382 shares during the last quarter. Citadel Advisors LLC boosted its holdings in shares of iShares iBonds Oct 2029 Term TIPS ETF by 107.5% in the 2nd quarter. Citadel Advisors LLC now owns 90,905 shares of the company’s stock valued at $2,390,000 after buying an additional 47,087 shares during the period. Integrated Wealth Concepts LLC bought a new stake in shares of iShares iBonds Oct 2029 Term TIPS ETF during the 2nd quarter valued at about $35,000. Finally, Allworth Financial LP grew its position in shares of iShares iBonds Oct 2029 Term TIPS ETF by 427.3% during the 2nd quarter. Allworth Financial LP now owns 10,509 shares of the company’s stock valued at $276,000 after buying an additional 8,516 shares during the last quarter.

iShares iBonds Oct 2029 Term TIPS ETF Price Performance

IBIF stock traded up $0.01 during mid-day trading on Thursday, hitting $25.52. 38,262 shares of the company were exchanged, compared to its average volume of 24,025. iShares iBonds Oct 2029 Term TIPS ETF has a twelve month low of $25.49 and a twelve month high of $26.61. The firm has a fifty day simple moving average of $25.71 and a 200 day simple moving average of $26.08.

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.