Short Interest in iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) Rises By 37.2%

iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) was the target of a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 12,900 shares, a growth of 37.2% from the May 15th total of 9,400 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average daily trading volume, of 17,500 shares, the short-interest ratio is currently 0.7 days.

Hedge Funds Weigh In On iShares iBonds Oct 2027 Term TIPS ETF

Institutional investors have recently made changes to their positions in the company. Quantum Financial Advisors LLC boosted its position in iShares iBonds Oct 2027 Term TIPS ETF by 11.2% during the first quarter. Quantum Financial Advisors LLC now owns 209,336 shares of the company’s stock worth $5,502,000 after purchasing an additional 21,061 shares in the last quarter. Citadel Advisors LLC purchased a new stake in shares of iShares iBonds Oct 2027 Term TIPS ETF in the fourth quarter valued at approximately $573,000. Bradley & Co. Private Wealth Management LLC acquired a new position in shares of iShares iBonds Oct 2027 Term TIPS ETF during the 4th quarter worth approximately $364,000. Jane Street Group LLC lifted its position in shares of iShares iBonds Oct 2027 Term TIPS ETF by 92.3% during the 1st quarter. Jane Street Group LLC now owns 32,497 shares of the company’s stock valued at $854,000 after buying an additional 15,602 shares in the last quarter. Finally, Allworth Financial LP acquired a new stake in iShares iBonds Oct 2027 Term TIPS ETF in the 1st quarter valued at $52,000.

iShares iBonds Oct 2027 Term TIPS ETF Stock Performance

Shares of IBID stock opened at $26.07 on Tuesday. iShares iBonds Oct 2027 Term TIPS ETF has a twelve month low of $25.20 and a twelve month high of $28.47. The stock has a 50 day moving average of $26.09 and a 200 day moving average of $25.90.

iShares iBonds Oct 2027 Term TIPS ETF Company Profile

The iShares iBonds Oct 2027 Term TIPS ETF (IBID) 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 2027. The fund will terminate in October 2027.