iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) Short Interest Down 89.3% in January

iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) was the recipient of a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 1,705 shares, a decline of 89.3% from the January 15th total of 16,004 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 20,135 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 20,135 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

iShares iBonds Oct 2027 Term TIPS ETF Stock Performance

Shares of NYSEARCA:IBID remained flat at $25.90 during trading hours on Tuesday. 14,282 shares of the company’s stock traded hands, compared to its average volume of 32,640. The firm has a fifty day moving average price of $25.89 and a two-hundred day moving average price of $26.03. iShares iBonds Oct 2027 Term TIPS ETF has a 12 month low of $25.74 and a 12 month high of $28.47.

Institutional Trading of iShares iBonds Oct 2027 Term TIPS ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Osaic Holdings Inc. boosted its position in shares of iShares iBonds Oct 2027 Term TIPS ETF by 190.6% in the 2nd quarter. Osaic Holdings Inc. now owns 1,816 shares of the company’s stock valued at $48,000 after purchasing an additional 1,191 shares during the period. Raymond James Financial Inc. acquired a new position in shares of iShares iBonds Oct 2027 Term TIPS ETF in the second quarter worth about $97,000. IFG Advisory LLC purchased a new position in shares of iShares iBonds Oct 2027 Term TIPS ETF in the fourth quarter worth approximately $235,000. MKT Advisors LLC increased its position in shares of iShares iBonds Oct 2027 Term TIPS ETF by 30.8% in the third quarter. MKT Advisors LLC now owns 15,651 shares of the company’s stock worth $407,000 after acquiring an additional 3,681 shares in the last quarter. Finally, CENTRAL TRUST Co raised its holdings in shares of iShares iBonds Oct 2027 Term TIPS ETF by 15.0% during the second quarter. CENTRAL TRUST Co now owns 17,607 shares of the company’s stock valued at $461,000 after acquiring an additional 2,295 shares during the period.

About iShares iBonds Oct 2027 Term TIPS ETF

The iShares iBonds Oct 2027 Term TIPS ETF (IBID) 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 2027. The fund will terminate in October 2027. IBID was launched on Sep 13, 2023 and is issued by BlackRock.