iShares iBonds Oct 2035 Term TIPS ETF (NYSEARCA:IBIL) Short Interest Up 206.0% in June

iShares iBonds Oct 2035 Term TIPS ETF (NYSEARCA:IBIL) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 16,605 shares, an increase of 206.0% from the May 31st total of 5,427 shares. Approximately 1.2% of the company’s shares are short sold. Based on an average daily volume of 8,503 shares, the short-interest ratio is currently 2.0 days.

Institutional Investors Weigh In On iShares iBonds Oct 2035 Term TIPS ETF

Institutional investors have recently added to or reduced their stakes in the company. CENTRAL TRUST Co lifted its stake in shares of iShares iBonds Oct 2035 Term TIPS ETF by 142.6% in the 1st quarter. CENTRAL TRUST Co now owns 1,213 shares of the company’s stock valued at $31,000 after purchasing an additional 713 shares in the last quarter. Bradley & Co. Private Wealth Management LLC acquired a new stake in iShares iBonds Oct 2035 Term TIPS ETF during the 3rd quarter worth approximately $280,000. ARK & TLK Investments LLC purchased a new position in iShares iBonds Oct 2035 Term TIPS ETF in the fourth quarter valued at approximately $294,000. 4Thought Financial Group Inc. purchased a new position in iShares iBonds Oct 2035 Term TIPS ETF in the first quarter valued at approximately $350,000. Finally, LPL Financial LLC purchased a new position in iShares iBonds Oct 2035 Term TIPS ETF in the fourth quarter valued at approximately $474,000.

iShares iBonds Oct 2035 Term TIPS ETF Trading Up 0.3%

Shares of iShares iBonds Oct 2035 Term TIPS ETF stock traded up $0.08 during trading hours on Friday, reaching $25.74. 11,197 shares of the company’s stock were exchanged, compared to its average volume of 8,621. iShares iBonds Oct 2035 Term TIPS ETF has a 52-week low of $24.95 and a 52-week high of $26.73. The company has a fifty day moving average of $25.65 and a 200-day moving average of $25.61.

About iShares iBonds Oct 2035 Term TIPS ETF

The iShares iBonds Oct 2035 Term TIPS ETF seeks to track the investment results of the ICE 2035 Maturity US Inflation-Linked Treasury Index, which is composed of U.S. Treasury Inflation-Protected Securities (TIPS) maturing between January 1, 2035, and October 15, 2035.