iShares iBonds Oct 2034 Term TIPS ETF (NYSEARCA:IBIK) Short Interest Update

iShares iBonds Oct 2034 Term TIPS ETF (NYSEARCA:IBIK) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totaling 77,049 shares, an increase of 230.8% from the June 30th total of 23,293 shares. Based on an average trading volume of 13,097 shares, the days-to-cover ratio is presently 5.9 days. Approximately 2.2% of the shares of the stock are short sold.

Institutional Trading of iShares iBonds Oct 2034 Term TIPS ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. CENTRAL TRUST Co bought a new stake in iShares iBonds Oct 2034 Term TIPS ETF during the fourth quarter worth approximately $25,000. ARK & TLK Investments LLC acquired a new position in iShares iBonds Oct 2034 Term TIPS ETF in the fourth quarter worth approximately $295,000. Quantum Financial Advisors LLC increased its holdings in shares of iShares iBonds Oct 2034 Term TIPS ETF by 7.3% in the second quarter. Quantum Financial Advisors LLC now owns 12,431 shares of the company’s stock valued at $322,000 after buying an additional 851 shares in the last quarter. 4Thought Financial Group Inc. acquired a new stake in shares of iShares iBonds Oct 2034 Term TIPS ETF during the 1st quarter valued at $350,000. Finally, Wealth Alliance Advisory Group LLC acquired a new stake in shares of iShares iBonds Oct 2034 Term TIPS ETF during the 4th quarter valued at $360,000.

iShares iBonds Oct 2034 Term TIPS ETF Stock Performance

NYSEARCA IBIK remained flat at $24.98 on Friday. 12,530 shares of the company’s stock were exchanged, compared to its average volume of 16,304. iShares iBonds Oct 2034 Term TIPS ETF has a 52 week low of $24.94 and a 52 week high of $26.53. The business has a fifty day moving average price of $25.58 and a 200 day moving average price of $25.77.

iShares iBonds Oct 2034 Term TIPS ETF Company Profile

The iShares iBonds Oct 2034 Term TIPS ETF (IBIK) 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 2034. The fund will terminate in October 2034 IBIK was launched on May 22, 2024 and is issued by BlackRock.