iShares iBonds Oct 2030 Term TIPS ETF (NYSEARCA:IBIG) Stock Short Interest Report for October

iShares iBonds Oct 2030 Term TIPS ETF (NYSEARCA:IBIG) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 56,015 shares, a decrease of 51.5% from the September 30th total of 115,383 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average daily volume of 176,916 shares, the days-to-cover ratio is currently 0.3 days.

iShares iBonds Oct 2030 Term TIPS ETF Trading Up 0.3%

IBIG stock traded up $0.07 during midday trading on Friday, hitting $25.50. 54,380 shares of the company traded hands, compared to its average volume of 40,325. iShares iBonds Oct 2030 Term TIPS ETF has a twelve month low of $25.00 and a twelve month high of $26.57. The business has a 50 day simple moving average of $25.35 and a 200-day simple moving average of $25.94.

Institutional Investors Weigh In On iShares iBonds Oct 2030 Term TIPS ETF

Hedge funds have recently bought and sold shares of the company. Quantum Financial Advisors LLC grew its position in shares of iShares iBonds Oct 2030 Term TIPS ETF by 1.0% in the second quarter. Quantum Financial Advisors LLC now owns 281,307 shares of the company’s stock valued at $7,387,000 after purchasing an additional 2,818 shares during the last quarter. D.A. Davidson & CO. bought a new stake in iShares iBonds Oct 2030 Term TIPS ETF during the 3rd quarter valued at approximately $4,296,000. Bradley & Co. Private Wealth Management LLC grew its holdings in iShares iBonds Oct 2030 Term TIPS ETF by 98.6% in the 3rd quarter. Bradley & Co. Private Wealth Management LLC now owns 56,252 shares of the company’s stock valued at $1,416,000 after buying an additional 27,923 shares during the last quarter. Jim Saulnier & Associates LLC grew its holdings in iShares iBonds Oct 2030 Term TIPS ETF by 15.0% in the 2nd quarter. Jim Saulnier & Associates LLC now owns 28,974 shares of the company’s stock valued at $761,000 after buying an additional 3,785 shares during the last quarter. Finally, NewEdge Advisors LLC increased its position in iShares iBonds Oct 2030 Term TIPS ETF by 3.9% in the 1st quarter. NewEdge Advisors LLC now owns 17,914 shares of the company’s stock worth $470,000 after buying an additional 674 shares during the period.

About iShares iBonds Oct 2030 Term TIPS ETF

The iShares iBonds Oct 2030 Term TIPS ETF (IBIG) 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 2030. The fund will terminate in October 2030 IBIG was launched on Sep 19, 2023 and is issued by BlackRock.