iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH – Get Free Report) was the recipient of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 53,155 shares, a growth of 80.1% from the May 14th total of 29,522 shares. Based on an average daily trading volume, of 11,532 shares, the days-to-cover ratio is presently 4.6 days. Currently, 2.9% of the company’s shares are short sold.
Hedge Funds Weigh In On iShares iBonds Oct 2031 Term TIPS ETF
A number of large investors have recently modified their holdings of IBIH. Steward Partners Investment Advisory LLC raised its holdings in shares of iShares iBonds Oct 2031 Term TIPS ETF by 34.8% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 2,871 shares of the company’s stock worth $75,000 after purchasing an additional 741 shares during the period. CENTRAL TRUST Co raised its holdings in shares of iShares iBonds Oct 2031 Term TIPS ETF by 248.3% in the 3rd quarter. CENTRAL TRUST Co now owns 4,040 shares of the company’s stock worth $107,000 after purchasing an additional 2,880 shares during the period. Bradley & Co. Private Wealth Management LLC purchased a new position in shares of iShares iBonds Oct 2031 Term TIPS ETF in the 3rd quarter worth about $199,000. Osaic Holdings Inc. raised its holdings in shares of iShares iBonds Oct 2031 Term TIPS ETF by 25.3% in the 4th quarter. Osaic Holdings Inc. now owns 8,406 shares of the company’s stock worth $219,000 after purchasing an additional 1,698 shares during the period. Finally, 4Thought Financial Group Inc. purchased a new position in shares of iShares iBonds Oct 2031 Term TIPS ETF in the 1st quarter worth about $351,000.
iShares iBonds Oct 2031 Term TIPS ETF Stock Performance
NYSEARCA IBIH opened at $26.35 on Wednesday. The business’s 50-day moving average price is $26.35 and its 200 day moving average price is $26.26. iShares iBonds Oct 2031 Term TIPS ETF has a twelve month low of $25.91 and a twelve month high of $26.79.
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.
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