Short Interest in iShares iBonds Oct 2030 Term TIPS ETF (NYSEARCA:IBIG) Drops By 76.7%

iShares iBonds Oct 2030 Term TIPS ETF (NYSEARCA:IBIG) saw a large decrease in short interest in the month of January. As of January 30th, there was short interest totaling 6,647 shares, a decrease of 76.7% from the January 15th total of 28,504 shares. Based on an average daily volume of 18,757 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the company’s shares are sold short. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 18,757 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in IBIG. Royal Bank of Canada increased its holdings in iShares iBonds Oct 2030 Term TIPS ETF by 13.9% in the first quarter. Royal Bank of Canada now owns 14,341 shares of the company’s stock valued at $379,000 after purchasing an additional 1,748 shares during the last quarter. D.A. Davidson & CO. acquired a new position in shares of iShares iBonds Oct 2030 Term TIPS ETF during the 2nd quarter worth about $2,652,000. Jim Saulnier & Associates LLC increased its stake in shares of iShares iBonds Oct 2030 Term TIPS ETF by 2.9% in the 2nd quarter. Jim Saulnier & Associates LLC now owns 13,309 shares of the company’s stock valued at $352,000 after acquiring an additional 379 shares during the last quarter. CENTRAL TRUST Co raised its position in shares of iShares iBonds Oct 2030 Term TIPS ETF by 398.8% in the 2nd quarter. CENTRAL TRUST Co now owns 1,257 shares of the company’s stock valued at $33,000 after acquiring an additional 1,005 shares during the period. Finally, Creative Planning bought a new position in iShares iBonds Oct 2030 Term TIPS ETF during the 2nd quarter worth approximately $279,000.

iShares iBonds Oct 2030 Term TIPS ETF Stock Up 0.1%

Shares of NYSEARCA IBIG opened at $26.24 on Friday. iShares iBonds Oct 2030 Term TIPS ETF has a 1 year low of $25.38 and a 1 year high of $27.54. The firm’s 50-day moving average is $26.17 and its 200-day moving average is $26.41.

About iShares iBonds Oct 2030 Term TIPS ETF

The iShares iBonds Oct 2030 Term TIPS ETF (IBIG) 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 2030. The fund will terminate in October 2030 IBIG was launched on Sep 19, 2023 and is issued by BlackRock.