Short Interest in iShares iBonds Oct 2035 Term TIPS ETF (NYSEARCA:IBIL) Rises By 206.0%

iShares iBonds Oct 2035 Term TIPS ETF (NYSEARCA:IBIL) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 16,605 shares, an increase of 206.0% from the May 31st total of 5,427 shares. Based on an average daily volume of 8,503 shares, the short-interest ratio is presently 2.0 days. Currently, 1.2% of the shares of the company are sold short.

iShares iBonds Oct 2035 Term TIPS ETF Stock Performance

Shares of IBIL traded up $0.03 during mid-day trading on Monday, hitting $25.77. The stock had a trading volume of 1,962 shares, compared to its average volume of 8,565. iShares iBonds Oct 2035 Term TIPS ETF has a 52 week low of $24.95 and a 52 week high of $26.73. The business has a fifty day moving average price of $25.65 and a 200-day moving average price of $25.61.

Institutional Investors Weigh In On iShares iBonds Oct 2035 Term TIPS ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. 4Thought Financial Group Inc. bought a new position in iShares iBonds Oct 2035 Term TIPS ETF during the first quarter worth about $350,000. CENTRAL TRUST Co lifted its stake in shares of iShares iBonds Oct 2035 Term TIPS ETF by 142.6% during the 1st quarter. CENTRAL TRUST Co now owns 1,213 shares of the company’s stock valued at $31,000 after buying an additional 713 shares in the last quarter. Jane Street Group LLC boosted its holdings in iShares iBonds Oct 2035 Term TIPS ETF by 38.0% in the 4th quarter. Jane Street Group LLC now owns 29,319 shares of the company’s stock worth $745,000 after buying an additional 8,077 shares during the period. LPL Financial LLC bought a new position in iShares iBonds Oct 2035 Term TIPS ETF in the 4th quarter worth approximately $474,000. Finally, ARK & TLK Investments LLC purchased a new position in iShares iBonds Oct 2035 Term TIPS ETF in the 4th quarter valued at approximately $294,000.

iShares iBonds Oct 2035 Term TIPS ETF Company Profile

The iShares iBonds Oct 2035 Term TIPS ETF seeks to track the investment results of the ICE 2035 Maturity US Inflation-Linked Treasury Index, which is composed of U.S. Treasury Inflation-Protected Securities (TIPS) maturing between January 1, 2035, and October 15, 2035.