iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) Sees Significant Increase in Short Interest

iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) saw a large growth in short interest in August. As of August 31st, there was short interest totaling 91,940 shares, a growth of 108.9% from the August 15th total of 44,022 shares. Based on an average trading volume of 51,424 shares, the short-interest ratio is currently 1.8 days. Approximately 2.0% of the company’s stock are sold short.

Institutional Trading of iShares iBonds Oct 2027 Term TIPS ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Quantum Financial Advisors LLC boosted its stake in iShares iBonds Oct 2027 Term TIPS ETF by 6.7% in the second quarter. Quantum Financial Advisors LLC now owns 365,365 shares of the company’s stock valued at $9,587,000 after acquiring an additional 22,856 shares in the last quarter. 4Thought Financial Group Inc. acquired a new stake in shares of iShares iBonds Oct 2027 Term TIPS ETF during the first quarter worth about $352,000. IFG Advisory LLC purchased a new stake in shares of iShares iBonds Oct 2027 Term TIPS ETF in the 4th quarter valued at about $235,000. Allworth Financial LP boosted its position in shares of iShares iBonds Oct 2027 Term TIPS ETF by 391.1% in the 2nd quarter. Allworth Financial LP now owns 9,772 shares of the company’s stock valued at $256,000 after purchasing an additional 7,782 shares during the period. Finally, Addison Advisors LLC grew its stake in iShares iBonds Oct 2027 Term TIPS ETF by 7.3% during the 4th quarter. Addison Advisors LLC now owns 105,972 shares of the company’s stock worth $2,734,000 after buying an additional 7,196 shares during the last quarter.

iShares iBonds Oct 2027 Term TIPS ETF Trading Up 0.1%

Shares of NYSEARCA:IBID traded up $0.02 during trading hours on Tuesday, reaching $25.87. The stock had a trading volume of 64,649 shares, compared to its average volume of 34,100. iShares iBonds Oct 2027 Term TIPS ETF has a 1 year low of $25.63 and a 1 year high of $26.39. The firm’s 50 day moving average is $25.75 and its 200-day moving average is $26.01.

About iShares iBonds Oct 2027 Term TIPS ETF

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. IBID was launched on Sep 13, 2023 and is issued by BlackRock.