iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) Sees Large Growth in Short Interest

iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) was the target of a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 2,600 shares, an increase of 420.0% from the May 15th total of 500 shares. Based on an average trading volume of 4,500 shares, the short-interest ratio is currently 0.6 days. Approximately 0.3% of the company’s shares are short sold.

Institutional Investors Weigh In On iShares iBonds Oct 2031 Term TIPS ETF

Several hedge funds and other institutional investors have recently bought and sold shares of IBIH. Quantum Financial Advisors LLC increased its stake in iShares iBonds Oct 2031 Term TIPS ETF by 5.4% during the first quarter. Quantum Financial Advisors LLC now owns 148,149 shares of the company’s stock valued at $3,899,000 after purchasing an additional 7,645 shares during the last quarter. Yoder Wealth Management Inc. raised its holdings in shares of iShares iBonds Oct 2031 Term TIPS ETF by 2.1% during the first quarter. Yoder Wealth Management Inc. now owns 100,485 shares of the company’s stock worth $2,645,000 after purchasing an additional 2,100 shares during the period. Flow Traders U.S. LLC raised its holdings in shares of iShares iBonds Oct 2031 Term TIPS ETF by 68.8% during the first quarter. Flow Traders U.S. LLC now owns 46,879 shares of the company’s stock worth $1,234,000 after purchasing an additional 19,107 shares during the period. Citadel Advisors LLC acquired a new stake in shares of iShares iBonds Oct 2031 Term TIPS ETF during the fourth quarter worth $913,000. Finally, ARK & TLK Investments LLC raised its holdings in shares of iShares iBonds Oct 2031 Term TIPS ETF by 2.1% during the fourth quarter. ARK & TLK Investments LLC now owns 19,084 shares of the company’s stock worth $479,000 after purchasing an additional 400 shares during the period.

iShares iBonds Oct 2031 Term TIPS ETF Stock Performance

NYSEARCA IBIH opened at $25.99 on Friday. The company’s 50 day moving average price is $25.90 and its 200 day moving average price is $25.70. iShares iBonds Oct 2031 Term TIPS ETF has a one year low of $25.01 and a one year high of $26.46.

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.