iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) Stock Short Interest Report for October

iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 24,459 shares, a decrease of 70.2% from the September 30th total of 82,002 shares. Based on an average daily volume of 60,478 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.4% of the shares of the company are short sold.

Institutional Investors Weigh In On iShares iBonds Oct 2029 Term TIPS ETF

A number of institutional investors and hedge funds have recently bought and sold shares of IBIF. Citadel Advisors LLC boosted its stake in iShares iBonds Oct 2029 Term TIPS ETF by 107.5% during the second 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 last quarter. Bradley & Co. Private Wealth Management LLC raised its holdings in shares of iShares iBonds Oct 2029 Term TIPS ETF by 165.8% in the third quarter. Bradley & Co. Private Wealth Management LLC now owns 48,854 shares of the company’s stock worth $1,241,000 after buying an additional 30,473 shares during the period. Quantum Financial Advisors LLC lifted its position in shares of iShares iBonds Oct 2029 Term TIPS ETF by 8.0% during the second quarter. Quantum Financial Advisors LLC now owns 343,768 shares of the company’s stock worth $9,038,000 after purchasing an additional 25,382 shares during the last quarter. Park Avenue Securities LLC purchased a new stake in iShares iBonds Oct 2029 Term TIPS ETF in the 3rd quarter valued at about $349,000. Finally, 4Thought Financial Group Inc. purchased a new stake in shares of iShares iBonds Oct 2029 Term TIPS ETF in the first quarter valued at approximately $351,000.

iShares iBonds Oct 2029 Term TIPS ETF Stock Up 0.2%

IBIF traded up $0.05 during trading on Friday, hitting $25.67. The company’s stock had a trading volume of 28,489 shares, compared to its average volume of 28,882. iShares iBonds Oct 2029 Term TIPS ETF has a one year low of $25.27 and a one year high of $26.51. The business’s 50 day simple moving average is $25.55 and its 200-day simple moving average is $26.00.

About iShares iBonds Oct 2029 Term TIPS ETF

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.