iShares iBonds Oct 2035 Term TIPS ETF (NYSEARCA:IBIL) Sees Significant Decline in Short Interest

iShares iBonds Oct 2035 Term TIPS ETF (NYSEARCA:IBIL) was the target of a large decline in short interest in September. As of September 15th, there was short interest totaling 60,333 shares, a decline of 43.8% from the August 31st total of 107,400 shares. Approximately 3.1% of the shares of the stock are sold short. Based on an average daily volume of 24,774 shares, the days-to-cover ratio is presently 2.4 days.

Hedge Funds Weigh In On iShares iBonds Oct 2035 Term TIPS ETF

Institutional investors have recently added to or reduced their stakes in the company. Citadel Advisors LLC raised its holdings in shares of iShares iBonds Oct 2035 Term TIPS ETF by 8.9% during the 2nd quarter. Citadel Advisors LLC now owns 38,837 shares of the company’s stock worth $996,000 after acquiring an additional 3,186 shares in the last quarter. Quantum Financial Advisors LLC grew its holdings in shares of iShares iBonds Oct 2035 Term TIPS ETF by 14.9% in the second quarter. Quantum Financial Advisors LLC now owns 10,258 shares of the company’s stock valued at $263,000 after purchasing an additional 1,332 shares in the last quarter. 4Thought Financial Group Inc. purchased a new position in shares of iShares iBonds Oct 2035 Term TIPS ETF in the first quarter valued at $350,000. Finally, CENTRAL TRUST Co increased its position in iShares iBonds Oct 2035 Term TIPS ETF by 142.6% in the first quarter. CENTRAL TRUST Co now owns 1,213 shares of the company’s stock worth $31,000 after purchasing an additional 713 shares during the last quarter.

iShares iBonds Oct 2035 Term TIPS ETF Trading Up 0.1%

Shares of iShares iBonds Oct 2035 Term TIPS ETF stock traded up $0.03 during trading on Friday, reaching $23.79. 715 shares of the stock traded hands, compared to its average volume of 12,346. iShares iBonds Oct 2035 Term TIPS ETF has a 52-week low of $23.61 and a 52-week high of $26.73. The business has a fifty day simple moving average of $24.58 and a two-hundred day simple moving average of $25.16.

iShares iBonds Oct 2035 Term TIPS ETF Company Profile

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.