Short Interest in iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) Decreases By 53.8%

iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 47,032 shares, a decline of 53.8% from the May 14th total of 101,839 shares. Based on an average trading volume of 34,568 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.8% of the shares of the company are short sold.

Hedge Funds Weigh In On iShares iBonds Oct 2028 Term TIPS ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Parallel Advisors LLC bought a new stake in shares of iShares iBonds Oct 2028 Term TIPS ETF during the 4th quarter worth about $30,000. McIlrath & Eck LLC bought a new position in shares of iShares iBonds Oct 2028 Term TIPS ETF in the first quarter valued at approximately $42,000. Osaic Holdings Inc. increased its stake in shares of iShares iBonds Oct 2028 Term TIPS ETF by 177.9% during the second quarter. Osaic Holdings Inc. now owns 1,737 shares of the company’s stock valued at $46,000 after acquiring an additional 1,112 shares during the period. Raymond James Financial Inc. acquired a new position in shares of iShares iBonds Oct 2028 Term TIPS ETF during the second quarter valued at approximately $81,000. Finally, Farther Finance Advisors LLC bought a new stake in iShares iBonds Oct 2028 Term TIPS ETF during the fourth quarter worth approximately $104,000.

iShares iBonds Oct 2028 Term TIPS ETF Trading Down 0.1%

Shares of NYSEARCA:IBIE traded down $0.02 on Friday, hitting $26.41. The company’s stock had a trading volume of 107,109 shares, compared to its average volume of 32,809. iShares iBonds Oct 2028 Term TIPS ETF has a 12 month low of $25.92 and a 12 month high of $26.56. The stock’s 50-day moving average is $26.35 and its two-hundred day moving average is $26.20.

iShares iBonds Oct 2028 Term TIPS ETF Company Profile

The iShares iBonds Oct 2028 Term TIPS ETF (IBIE) 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 2028. The fund will terminate in October 2028. IBIE was launched on Sep 13, 2023 and is issued by BlackRock.