iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) Short Interest Up 89.3% in February

iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) was the target of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 20,003 shares, a growth of 89.3% from the February 12th total of 10,565 shares. Based on an average daily volume of 13,814 shares, the short-interest ratio is presently 1.4 days. Approximately 1.4% of the shares of the company are short sold. Approximately 1.4% of the shares of the company are short sold. Based on an average daily volume of 13,814 shares, the short-interest ratio is presently 1.4 days.

iShares iBonds Oct 2031 Term TIPS ETF Stock Performance

NYSEARCA IBIH traded down $0.01 during trading on Friday, hitting $26.32. The company’s stock had a trading volume of 4,004 shares, compared to its average volume of 9,645. iShares iBonds Oct 2031 Term TIPS ETF has a 52 week low of $25.17 and a 52 week high of $26.79. The firm has a 50 day moving average price of $26.22 and a 200 day moving average price of $26.34.

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

Institutional investors and hedge funds have recently bought and sold shares of the stock. CENTRAL TRUST Co boosted its holdings in iShares iBonds Oct 2031 Term TIPS ETF by 364.0% in the 2nd quarter. CENTRAL TRUST Co now owns 1,160 shares of the company’s stock valued at $31,000 after purchasing an additional 910 shares during the period. Steward Partners Investment Advisory LLC increased its holdings in shares of iShares iBonds Oct 2031 Term TIPS ETF by 123.3% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 2,101 shares of the company’s stock worth $55,000 after purchasing an additional 1,160 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 about $199,000. Osaic Holdings Inc. raised its position in shares of iShares iBonds Oct 2031 Term TIPS ETF by 25.3% during the fourth quarter. Osaic Holdings Inc. now owns 8,406 shares of the company’s stock valued at $219,000 after buying an additional 1,698 shares during the last quarter. Finally, LPL Financial LLC raised its position in shares of iShares iBonds Oct 2031 Term TIPS ETF by 52.1% during the fourth quarter. LPL Financial LLC now owns 16,025 shares of the company’s stock valued at $417,000 after buying an additional 5,491 shares during the last quarter.

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.