iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) Stock Short Interest Climbs 81.3%

iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) saw a large growth in short interest in September. As of September 15th, there was short interest totaling 166,682 shares, a growth of 81.3% from the August 31st total of 91,940 shares. Currently, 3.1% of the shares of the company are sold short. Based on an average daily trading volume, of 95,343 shares, the days-to-cover ratio is presently 1.7 days.

Institutional Trading of iShares iBonds Oct 2027 Term TIPS ETF

A number of large investors have recently modified their holdings of the business. Quantum Financial Advisors LLC grew its stake in iShares iBonds Oct 2027 Term TIPS ETF by 6.7% in the 2nd quarter. Quantum Financial Advisors LLC now owns 365,365 shares of the company’s stock worth $9,587,000 after buying an additional 22,856 shares in the last quarter. IFG Advisory LLC purchased a new position in shares of iShares iBonds Oct 2027 Term TIPS ETF during the 4th quarter valued at about $235,000. 4Thought Financial Group Inc. bought a new stake in shares of iShares iBonds Oct 2027 Term TIPS ETF in the 1st quarter worth approximately $352,000. McIlrath & Eck LLC purchased a new stake in iShares iBonds Oct 2027 Term TIPS ETF during the first quarter valued at about $40,000. Finally, Integrated Wealth Concepts LLC purchased a new stake in iShares iBonds Oct 2027 Term TIPS ETF during the 2nd quarter valued at about $35,000.

iShares iBonds Oct 2027 Term TIPS ETF Stock Performance

Shares of NYSEARCA:IBID traded down $0.12 during midday trading on Thursday, reaching $25.78. 47,376 shares of the company traded hands, compared to its average volume of 34,695. The firm’s fifty day moving average price is $25.79 and its two-hundred day moving average price is $26.00. iShares iBonds Oct 2027 Term TIPS ETF has a 12 month low of $25.63 and a 12 month high of $26.39.

About iShares iBonds Oct 2027 Term TIPS ETF

The iShares iBonds Oct 2027 Term TIPS ETF (IBID) 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 2027. The fund will terminate in October 2027. IBID was launched on Sep 13, 2023 and is issued by BlackRock.