iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) Short Interest Down 84.8% in January

iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) was the recipient of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 6,171 shares, a decrease of 84.8% from the December 31st total of 40,549 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 46,315 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 46,315 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.

iShares iBonds Oct 2028 Term TIPS ETF Trading Up 0.2%

Shares of iShares iBonds Oct 2028 Term TIPS ETF stock traded up $0.04 during midday trading on Thursday, hitting $26.11. 13,261 shares of the company traded hands, compared to its average volume of 34,693. The firm’s fifty day moving average price is $26.10 and its 200-day moving average price is $26.23. iShares iBonds Oct 2028 Term TIPS ETF has a 12 month low of $25.61 and a 12 month high of $26.56.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Osaic Holdings Inc. grew its position in iShares iBonds Oct 2028 Term TIPS ETF by 177.9% during the 2nd quarter. Osaic Holdings Inc. now owns 1,737 shares of the company’s stock worth $46,000 after acquiring an additional 1,112 shares during the last quarter. Mendota Financial Group LLC bought a new stake in shares of iShares iBonds Oct 2028 Term TIPS ETF during the third quarter worth about $64,000. Raymond James Financial Inc. bought a new stake in shares of iShares iBonds Oct 2028 Term TIPS ETF during the second quarter worth about $81,000. Farther Finance Advisors LLC acquired a new position in shares of iShares iBonds Oct 2028 Term TIPS ETF in the fourth quarter valued at approximately $104,000. Finally, Flow Traders U.S. LLC bought a new position in iShares iBonds Oct 2028 Term TIPS ETF in the 3rd quarter valued at approximately $216,000.

About iShares iBonds Oct 2028 Term TIPS ETF

The iShares iBonds Oct 2028 Term TIPS ETF (IBIE) 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 2028. The fund will terminate in October 2028. IBIE was launched on Sep 13, 2023 and is issued by BlackRock.