iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) Short Interest Down 69.0% in March

iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) saw a large decline in short interest in the month of March. As of March 13th, there was short interest totaling 6,195 shares, a decline of 69.0% from the February 26th total of 20,003 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 11,126 shares, the short-interest ratio is currently 0.6 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of IBIH. Steward Partners Investment Advisory LLC increased its holdings in iShares iBonds Oct 2031 Term TIPS ETF by 123.3% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 2,101 shares of the company’s stock worth $55,000 after purchasing an additional 1,160 shares during the period. CENTRAL TRUST Co lifted its holdings in shares of iShares iBonds Oct 2031 Term TIPS ETF by 248.3% in the 3rd quarter. CENTRAL TRUST Co now owns 4,040 shares of the company’s stock worth $107,000 after buying an additional 2,880 shares during the period. Bradley & Co. Private Wealth Management LLC purchased a new stake in shares of iShares iBonds Oct 2031 Term TIPS ETF in the 3rd quarter worth $199,000. Osaic Holdings Inc. grew its position in shares of iShares iBonds Oct 2031 Term TIPS ETF by 25.3% during the 4th quarter. Osaic Holdings Inc. now owns 8,406 shares of the company’s stock worth $219,000 after buying an additional 1,698 shares in the last quarter. Finally, LPL Financial LLC grew its position in shares of iShares iBonds Oct 2031 Term TIPS ETF by 52.1% during the 4th quarter. LPL Financial LLC now owns 16,025 shares of the company’s stock worth $417,000 after buying an additional 5,491 shares in the last quarter.

iShares iBonds Oct 2031 Term TIPS ETF Price Performance

IBIH stock traded down $0.11 during mid-day trading on Thursday, reaching $26.00. The company had a trading volume of 4,584 shares, compared to its average volume of 9,162. The firm has a 50 day moving average of $26.24 and a 200 day moving average of $26.32. iShares iBonds Oct 2031 Term TIPS ETF has a 12 month low of $25.17 and a 12 month high of $26.79.

iShares iBonds Oct 2031 Term TIPS ETF Company Profile

The iShares iBonds Oct 2031 Term TIPS ETF (IBIH) 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 2031. The fund will terminate in October 2031 IBIH was launched on Sep 19, 2023 and is issued by BlackRock.