Short Interest in iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) Declines By 40.1%

iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) was the target of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 44,022 shares, a decrease of 40.1% from the July 30th total of 73,522 shares. Currently, 1.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 33,669 shares, the short-interest ratio is presently 1.3 days.

iShares iBonds Oct 2027 Term TIPS ETF Stock Performance

Shares of NYSEARCA:IBID traded up $0.01 during midday trading on Wednesday, hitting $25.83. The company’s stock had a trading volume of 1,380 shares, compared to its average volume of 30,190. iShares iBonds Oct 2027 Term TIPS ETF has a 12-month low of $25.63 and a 12-month high of $26.39. The business’s 50 day simple moving average is $25.78 and its 200 day simple moving average is $26.01.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Quantum Financial Advisors LLC increased its holdings in shares of iShares iBonds Oct 2027 Term TIPS ETF by 6.7% in the second quarter. Quantum Financial Advisors LLC now owns 365,365 shares of the company’s stock valued at $9,587,000 after purchasing an additional 22,856 shares during the last quarter. Addison Advisors LLC boosted its stake in iShares iBonds Oct 2027 Term TIPS ETF by 7.3% during the fourth quarter. Addison Advisors LLC now owns 105,972 shares of the company’s stock worth $2,734,000 after buying an additional 7,196 shares during the last quarter. LPL Financial LLC grew its holdings in iShares iBonds Oct 2027 Term TIPS ETF by 148.1% in the 4th quarter. LPL Financial LLC now owns 39,222 shares of the company’s stock valued at $1,012,000 after buying an additional 23,414 shares in the last quarter. Jane Street Group LLC increased its stake in shares of iShares iBonds Oct 2027 Term TIPS ETF by 92.3% in the 1st quarter. Jane Street Group LLC now owns 32,497 shares of the company’s stock worth $854,000 after acquiring an additional 15,602 shares during the last quarter. Finally, Creative Planning raised its holdings in shares of iShares iBonds Oct 2027 Term TIPS ETF by 27.9% during the 3rd quarter. Creative Planning now owns 32,447 shares of the company’s stock worth $852,000 after acquiring an additional 7,076 shares during the period.

iShares iBonds Oct 2027 Term TIPS ETF Company Profile

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.