iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) Short Interest Up 64.7% in August

iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) saw a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 92,927 shares, a growth of 64.7% from the July 30th total of 56,428 shares. Based on an average trading volume of 28,629 shares, the short-interest ratio is presently 3.2 days. Approximately 1.5% of the shares of the stock are short sold.

Hedge Funds Weigh In On iShares iBonds Oct 2028 Term TIPS ETF

Several institutional investors have recently modified their holdings of IBIE. CENTRAL TRUST Co lifted its position in iShares iBonds Oct 2028 Term TIPS ETF by 42.5% in the 1st quarter. CENTRAL TRUST Co now owns 84,085 shares of the company’s stock worth $2,206,000 after buying an additional 25,069 shares during the last quarter. North Star Investment Management Corp. raised its stake in shares of iShares iBonds Oct 2028 Term TIPS ETF by 55.5% during the first quarter. North Star Investment Management Corp. now owns 196,038 shares of the company’s stock worth $5,144,000 after acquiring an additional 69,988 shares in the last quarter. Quantum Financial Advisors LLC raised its stake in shares of iShares iBonds Oct 2028 Term TIPS ETF by 10.6% during the second quarter. Quantum Financial Advisors LLC now owns 368,799 shares of the company’s stock worth $9,699,000 after acquiring an additional 35,421 shares in the last quarter. McIlrath & Eck LLC bought a new stake in shares of iShares iBonds Oct 2028 Term TIPS ETF in the 1st quarter worth approximately $42,000. Finally, 4Thought Financial Group Inc. bought a new stake in shares of iShares iBonds Oct 2028 Term TIPS ETF in the 1st quarter worth approximately $352,000.

iShares iBonds Oct 2028 Term TIPS ETF Stock Up 0.1%

IBIE traded up $0.02 during trading on Tuesday, reaching $25.77. The stock had a trading volume of 388,961 shares, compared to its average volume of 47,886. iShares iBonds Oct 2028 Term TIPS ETF has a one year low of $25.63 and a one year high of $26.56. The business has a 50-day moving average of $25.80 and a 200-day moving average of $26.11.

About iShares iBonds Oct 2028 Term TIPS ETF

The iShares iBonds Oct 2028 Term TIPS ETF (IBIE) 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 2028. The fund will terminate in October 2028. IBIE was launched on Sep 13, 2023 and is issued by BlackRock.