Short Interest in iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) Declines By 84.1%

iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) was the recipient of a significant decline in short interest in December. As of December 15th, there was short interest totaling 3,287 shares, a decline of 84.1% from the November 30th total of 20,621 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 7,006 shares, the short-interest ratio is presently 0.5 days. Based on an average daily trading volume, of 7,006 shares, the short-interest ratio is presently 0.5 days. Approximately 0.3% of the shares of the stock are short sold.

iShares iBonds Oct 2031 Term TIPS ETF Price Performance

Shares of IBIH stock traded up $0.04 during trading hours on Wednesday, hitting $26.01. 9,266 shares of the company’s stock were exchanged, compared to its average volume of 5,149. The stock’s 50-day moving average is $26.35 and its 200-day moving average is $26.33. iShares iBonds Oct 2031 Term TIPS ETF has a 52 week low of $25.01 and a 52 week high of $26.79.

Hedge Funds Weigh In On iShares iBonds Oct 2031 Term TIPS ETF

Large investors have recently modified their holdings of the stock. Citadel Advisors LLC raised its stake in shares of iShares iBonds Oct 2031 Term TIPS ETF by 36.8% in the 3rd quarter. Citadel Advisors LLC now owns 49,418 shares of the company’s stock valued at $1,314,000 after purchasing an additional 13,290 shares during the period. Bradley & Co. Private Wealth Management LLC bought a new position in shares of iShares iBonds Oct 2031 Term TIPS ETF during the 3rd quarter worth approximately $199,000. CENTRAL TRUST Co lifted its position 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 worth $107,000 after purchasing an additional 2,880 shares in the last quarter. Yoder Wealth Management Inc. boosted its holdings in iShares iBonds Oct 2031 Term TIPS ETF by 17.5% during the third quarter. Yoder Wealth Management Inc. now owns 125,825 shares of the company’s stock worth $3,345,000 after purchasing an additional 18,780 shares during the last quarter. Finally, Quantum Financial Advisors LLC grew its position in iShares iBonds Oct 2031 Term TIPS ETF by 11.5% in the third quarter. Quantum Financial Advisors LLC now owns 169,510 shares of the company’s stock valued at $4,506,000 after purchasing an additional 17,467 shares in the last quarter.

iShares iBonds Oct 2031 Term TIPS ETF Company Profile

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.