iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) Short Interest Update

iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 371,235 shares, an increase of 76.0% from the August 31st total of 210,889 shares. Based on an average daily trading volume, of 173,302 shares, the days-to-cover ratio is presently 2.1 days. Approximately 3.9% of the company’s shares are short sold.

iShares iBonds Oct 2028 Term TIPS ETF Stock Performance

iShares iBonds Oct 2028 Term TIPS ETF stock opened at $25.60 on Friday. iShares iBonds Oct 2028 Term TIPS ETF has a 52-week low of $25.54 and a 52-week high of $26.49. The stock’s 50 day moving average price is $25.73 and its two-hundred day moving average price is $26.04.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Quantum Financial Advisors LLC grew its holdings in iShares iBonds Oct 2028 Term TIPS ETF by 10.6% in the second quarter. Quantum Financial Advisors LLC now owns 368,799 shares of the company’s stock worth $9,699,000 after purchasing an additional 35,421 shares during the period. North Star Investment Management Corp. raised its holdings in shares of iShares iBonds Oct 2028 Term TIPS ETF by 55.5% during the first quarter. North Star Investment Management Corp. now owns 196,038 shares of the company’s stock valued at $5,144,000 after purchasing an additional 69,988 shares during the period. CENTRAL TRUST Co boosted its position in shares of iShares iBonds Oct 2028 Term TIPS ETF by 42.5% during the 1st quarter. CENTRAL TRUST Co now owns 84,085 shares of the company’s stock worth $2,206,000 after purchasing an additional 25,069 shares in the last quarter. Jim Saulnier & Associates LLC boosted its position in shares of iShares iBonds Oct 2028 Term TIPS ETF by 17.0% during the 2nd quarter. Jim Saulnier & Associates LLC now owns 39,506 shares of the company’s stock worth $1,039,000 after purchasing an additional 5,743 shares in the last quarter. Finally, Briggs Wealth Management Inc bought a new position in shares of iShares iBonds Oct 2028 Term TIPS ETF during the 4th quarter worth about $454,000.

iShares iBonds Oct 2028 Term TIPS ETF Company Profile

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.