iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) Short Interest Update

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

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

Several large investors have recently made changes to their positions in the company. Steward Partners Investment Advisory LLC lifted its position in iShares iBonds Oct 2031 Term TIPS ETF by 34.8% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 2,871 shares of the company’s stock worth $75,000 after buying an additional 741 shares in the last quarter. CENTRAL TRUST Co grew its stake in shares of iShares iBonds Oct 2031 Term TIPS ETF by 248.3% in the third quarter. CENTRAL TRUST Co now owns 4,040 shares of the company’s stock valued at $107,000 after buying an additional 2,880 shares in the last quarter. Bradley & Co. Private Wealth Management LLC acquired a new stake in iShares iBonds Oct 2031 Term TIPS ETF during the 3rd quarter valued at $199,000. Osaic Holdings Inc. raised its position in shares of iShares iBonds Oct 2031 Term TIPS ETF by 25.3% in the fourth quarter. Osaic Holdings Inc. now owns 8,406 shares of the company’s stock valued at $219,000 after purchasing an additional 1,698 shares during the period. Finally, 4Thought Financial Group Inc. acquired a new stake in shares of iShares iBonds Oct 2031 Term TIPS ETF during the first quarter worth $351,000.

iShares iBonds Oct 2031 Term TIPS ETF Stock Performance

Shares of IBIH traded down $0.05 during mid-day trading on Wednesday, hitting $26.35. The company’s stock had a trading volume of 11,804 shares, compared to its average volume of 10,838. iShares iBonds Oct 2031 Term TIPS ETF has a fifty-two week low of $25.85 and a fifty-two week high of $26.79. The firm has a 50-day moving average price of $26.31 and a 200 day moving average price of $26.27.

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.