iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) Short Interest Up 80.1% in May

iShares iBonds Oct 2031 Term TIPS ETF (NYSEARCA:IBIH) was the target of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 53,155 shares, a growth of 80.1% from the May 14th total of 29,522 shares. Based on an average daily volume of 11,532 shares, the short-interest ratio is currently 4.6 days. Currently, 2.9% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in IBIH. Jane Street Group LLC bought a new position in shares of iShares iBonds Oct 2031 Term TIPS ETF in the 2nd quarter worth $757,000. CENTRAL TRUST Co boosted its position 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 purchasing an additional 2,880 shares during the last quarter. Bradley & Co. Private Wealth Management LLC bought a new position in shares of iShares iBonds Oct 2031 Term TIPS ETF in the 3rd quarter worth $199,000. Citadel Advisors LLC raised its stake in iShares iBonds Oct 2031 Term TIPS ETF by 36.8% during the 3rd quarter. Citadel Advisors LLC now owns 49,418 shares of the company’s stock worth $1,314,000 after buying an additional 13,290 shares during the period. Finally, Quantum Financial Advisors LLC raised its stake in iShares iBonds Oct 2031 Term TIPS ETF by 3.4% during the 4th quarter. Quantum Financial Advisors LLC now owns 175,346 shares of the company’s stock worth $4,562,000 after buying an additional 5,836 shares during the period.

iShares iBonds Oct 2031 Term TIPS ETF Stock Up 0.2%

Shares of NYSEARCA:IBIH traded up $0.04 during midday trading on Monday, hitting $26.32. The company had a trading volume of 11,793 shares, compared to its average volume of 11,025. iShares iBonds Oct 2031 Term TIPS ETF has a 12 month low of $25.91 and a 12 month high of $26.79. The firm has a fifty day simple moving average of $26.34 and a 200 day simple moving average of $26.26.

About iShares iBonds Oct 2031 Term TIPS ETF

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.