iShares iBonds Oct 2030 Term TIPS ETF (NYSEARCA:IBIG) Sees Large Growth in Short Interest

iShares iBonds Oct 2030 Term TIPS ETF (NYSEARCA:IBIG) was the recipient of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 16,610 shares, a growth of 149.9% from the January 29th total of 6,647 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 24,976 shares, the short-interest ratio is currently 0.7 days. Based on an average daily trading volume, of 24,976 shares, the short-interest ratio is currently 0.7 days. Currently, 0.4% of the company’s stock are sold short.

Institutional Trading of iShares iBonds Oct 2030 Term TIPS ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Quantum Financial Advisors LLC increased its position in iShares iBonds Oct 2030 Term TIPS ETF by 11.4% in the 3rd quarter. Quantum Financial Advisors LLC now owns 192,684 shares of the company’s stock valued at $5,141,000 after acquiring an additional 19,769 shares during the period. D.A. Davidson & CO. grew its stake in shares of iShares iBonds Oct 2030 Term TIPS ETF by 33.7% in the third quarter. D.A. Davidson & CO. now owns 134,025 shares of the company’s stock worth $3,576,000 after purchasing an additional 33,814 shares during the last quarter. TRUE Private Wealth Advisors bought a new stake in shares of iShares iBonds Oct 2030 Term TIPS ETF in the second quarter worth $39,329,000. Jim Saulnier & Associates LLC increased its holdings in iShares iBonds Oct 2030 Term TIPS ETF by 2.9% in the second quarter. Jim Saulnier & Associates LLC now owns 13,309 shares of the company’s stock valued at $352,000 after purchasing an additional 379 shares during the period. Finally, MKT Advisors LLC raised its position in iShares iBonds Oct 2030 Term TIPS ETF by 11.9% during the 3rd quarter. MKT Advisors LLC now owns 13,063 shares of the company’s stock worth $345,000 after purchasing an additional 1,390 shares during the last quarter.

iShares iBonds Oct 2030 Term TIPS ETF Stock Performance

IBIG traded up $0.02 during trading on Friday, reaching $26.40. The company had a trading volume of 2,614 shares, compared to its average volume of 23,231. iShares iBonds Oct 2030 Term TIPS ETF has a 12 month low of $25.38 and a 12 month high of $27.54. The business’s fifty day moving average price is $26.15 and its 200 day moving average price is $26.40.

About iShares iBonds Oct 2030 Term TIPS ETF

The iShares iBonds Oct 2030 Term TIPS ETF (IBIG) 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 2030. The fund will terminate in October 2030 IBIG was launched on Sep 19, 2023 and is issued by BlackRock.