Short Interest in iShares iBonds Oct 2030 Term TIPS ETF (NYSEARCA:IBIG) Decreases By 33.3%

iShares iBonds Oct 2030 Term TIPS ETF (NYSEARCA:IBIG) was the recipient of a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 28,504 shares, a decline of 33.3% from the December 31st total of 42,741 shares. Based on an average trading volume of 29,085 shares, the short-interest ratio is currently 1.0 days. Currently, 0.8% of the company’s shares are sold short. Currently, 0.8% of the company’s shares are sold short. Based on an average trading volume of 29,085 shares, the short-interest ratio is currently 1.0 days.

Institutional Investors Weigh In On iShares iBonds Oct 2030 Term TIPS ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. TRUE Private Wealth Advisors acquired a new stake in shares of iShares iBonds Oct 2030 Term TIPS ETF in the 2nd quarter worth about $39,329,000. Quantum Financial Advisors LLC raised its position in shares of iShares iBonds Oct 2030 Term TIPS ETF by 12.5% during the fourth quarter. Quantum Financial Advisors LLC now owns 216,711 shares of the company’s stock worth $5,645,000 after acquiring an additional 24,027 shares during the last quarter. D.A. Davidson & CO. lifted its holdings in iShares iBonds Oct 2030 Term TIPS ETF by 9.0% during the fourth quarter. D.A. Davidson & CO. now owns 146,032 shares of the company’s stock worth $3,804,000 after acquiring an additional 12,007 shares in the last quarter. MKT Advisors LLC grew its holdings in shares of iShares iBonds Oct 2030 Term TIPS ETF by 73.6% in the 4th quarter. MKT Advisors LLC now owns 22,672 shares of the company’s stock valued at $592,000 after acquiring an additional 9,609 shares in the last quarter. Finally, ARK & TLK Investments LLC lifted its position in iShares iBonds Oct 2030 Term TIPS ETF by 2.6% during the second quarter. ARK & TLK Investments LLC now owns 19,225 shares of the company’s stock worth $509,000 after acquiring an additional 481 shares during the last quarter.

iShares iBonds Oct 2030 Term TIPS ETF Stock Performance

NYSEARCA:IBIG traded up $0.04 during mid-day trading on Friday, reaching $26.23. The stock had a trading volume of 22,854 shares, compared to its average volume of 23,863. The stock has a 50-day simple moving average of $26.22 and a two-hundred day simple moving average of $26.41. iShares iBonds Oct 2030 Term TIPS ETF has a 12 month low of $25.38 and a 12 month high of $27.54.

iShares iBonds Oct 2030 Term TIPS ETF Company Profile

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.