Short Interest in iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) Expands By 108.9%

iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 91,940 shares, an increase of 108.9% from the August 15th total of 44,022 shares. Approximately 2.0% of the company’s shares are sold short. Based on an average daily trading volume, of 51,424 shares, the days-to-cover ratio is currently 1.8 days.

iShares iBonds Oct 2027 Term TIPS ETF Stock Performance

Shares of iShares iBonds Oct 2027 Term TIPS ETF stock traded up $0.01 on Monday, hitting $25.86. 169,867 shares of the company traded hands, compared to its average volume of 33,910. iShares iBonds Oct 2027 Term TIPS ETF has a 52 week low of $25.63 and a 52 week high of $26.39. The stock’s 50 day moving average price is $25.75 and its 200-day moving average price is $26.01.

Institutional Trading of iShares iBonds Oct 2027 Term TIPS ETF

Large investors have recently added to or reduced their stakes in the company. Quantum Financial Advisors LLC boosted its holdings in shares of iShares iBonds Oct 2027 Term TIPS ETF by 6.7% in the 2nd quarter. Quantum Financial Advisors LLC now owns 365,365 shares of the company’s stock valued at $9,587,000 after acquiring an additional 22,856 shares during the last quarter. Addison Advisors LLC lifted its holdings in iShares iBonds Oct 2027 Term TIPS ETF by 7.3% in the fourth quarter. Addison Advisors LLC now owns 105,972 shares of the company’s stock valued at $2,734,000 after acquiring an additional 7,196 shares during the period. LPL Financial LLC boosted its position in iShares iBonds Oct 2027 Term TIPS ETF by 148.1% in the 4th quarter. LPL Financial LLC now owns 39,222 shares of the company’s stock worth $1,012,000 after purchasing an additional 23,414 shares in the last quarter. Jane Street Group LLC boosted its position in iShares iBonds Oct 2027 Term TIPS ETF by 92.3% in the 1st quarter. Jane Street Group LLC now owns 32,497 shares of the company’s stock worth $854,000 after purchasing an additional 15,602 shares in the last quarter. Finally, Creative Planning grew its stake in shares of iShares iBonds Oct 2027 Term TIPS ETF by 27.9% during the 3rd quarter. Creative Planning now owns 32,447 shares of the company’s stock worth $852,000 after purchasing an additional 7,076 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.