iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) Short Interest Update

iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) was the recipient of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 8,671 shares, a growth of 98.8% from the January 15th total of 4,361 shares. Based on an average trading volume of 10,060 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.6% of the company’s stock are sold short. Currently, 0.6% of the company’s stock are sold short. Based on an average trading volume of 10,060 shares, the days-to-cover ratio is presently 0.9 days.

iShares iBonds Oct 2031 Term TIPS ETF Price Performance

Shares of IBIH traded up $0.02 during midday trading on Friday, hitting $26.33. The company had a trading volume of 1,279 shares, compared to its average volume of 7,933. The company’s 50 day moving average price is $26.13 and its 200 day moving average price is $26.34. iShares iBonds Oct 2031 Term TIPS ETF has a 52 week low of $25.17 and a 52 week high of $26.79.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. CENTRAL TRUST Co lifted its stake in iShares iBonds Oct 2031 Term TIPS ETF by 364.0% during the second quarter. CENTRAL TRUST Co now owns 1,160 shares of the company’s stock worth $31,000 after purchasing an additional 910 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its position in shares of iShares iBonds Oct 2031 Term TIPS ETF by 123.3% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 2,101 shares of the company’s stock worth $55,000 after buying an additional 1,160 shares during the last quarter. ARK & TLK Investments LLC boosted its holdings in shares of iShares iBonds Oct 2031 Term TIPS ETF by 2.5% in the 2nd quarter. ARK & TLK Investments LLC now owns 19,558 shares of the company’s stock valued at $516,000 after buying an additional 474 shares during the period. Jane Street Group LLC bought a new stake in shares of iShares iBonds Oct 2031 Term TIPS ETF during the 2nd quarter valued at about $757,000. Finally, Quantum Financial Advisors LLC raised its stake in iShares iBonds Oct 2031 Term TIPS ETF by 11.5% during the third quarter. Quantum Financial Advisors LLC now owns 169,510 shares of the company’s stock worth $4,506,000 after acquiring an additional 17,467 shares during the period.

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.