Short Interest in iShares iBonds Oct 2035 Term TIPS ETF (NYSEARCA:IBIL) Rises By 137.3%

iShares iBonds Oct 2035 Term TIPS ETF (NYSEARCA:IBIL) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 39,409 shares, an increase of 137.3% from the June 15th total of 16,605 shares. Based on an average trading volume of 14,406 shares, the short-interest ratio is presently 2.7 days. Currently, 2.6% of the company’s stock are short sold.

iShares iBonds Oct 2035 Term TIPS ETF Price Performance

IBIL traded up $0.07 during trading on Tuesday, reaching $24.87. 2,632 shares of the stock traded hands, compared to its average volume of 9,077. iShares iBonds Oct 2035 Term TIPS ETF has a fifty-two week low of $24.78 and a fifty-two week high of $26.73. The stock’s 50-day simple moving average is $25.50 and its two-hundred day simple moving average is $25.56.

Institutional Investors Weigh In On iShares iBonds Oct 2035 Term TIPS ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Quantum Financial Advisors LLC lifted its holdings in shares of iShares iBonds Oct 2035 Term TIPS ETF by 14.9% during the 2nd quarter. Quantum Financial Advisors LLC now owns 10,258 shares of the company’s stock valued at $263,000 after buying an additional 1,332 shares during the last quarter. 4Thought Financial Group Inc. bought a new position in iShares iBonds Oct 2035 Term TIPS ETF during the first quarter valued at approximately $350,000. CENTRAL TRUST Co raised its position in iShares iBonds Oct 2035 Term TIPS ETF by 142.6% during the first quarter. CENTRAL TRUST Co now owns 1,213 shares of the company’s stock valued at $31,000 after acquiring an additional 713 shares in the last quarter. Jane Street Group LLC raised its position in iShares iBonds Oct 2035 Term TIPS ETF by 38.0% during the fourth quarter. Jane Street Group LLC now owns 29,319 shares of the company’s stock valued at $745,000 after acquiring an additional 8,077 shares in the last quarter. Finally, LPL Financial LLC acquired a new stake in iShares iBonds Oct 2035 Term TIPS ETF in the fourth quarter valued at approximately $474,000.

iShares iBonds Oct 2035 Term TIPS ETF Company Profile

The iShares iBonds Oct 2035 Term TIPS ETF seeks to track the investment results of the ICE 2035 Maturity US Inflation-Linked Treasury Index, which is composed of U.S. Treasury Inflation-Protected Securities (TIPS) maturing between January 1, 2035, and October 15, 2035.