iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) Sees Large Drop in Short Interest

iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) was the recipient of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 22,361 shares, a drop of 41.0% from the November 30th total of 37,868 shares. Currently, 1.1% of the company’s stock are sold short. Based on an average daily trading volume, of 12,967 shares, the short-interest ratio is currently 1.7 days. Based on an average daily trading volume, of 12,967 shares, the short-interest ratio is currently 1.7 days. Currently, 1.1% of the company’s stock are sold short.

iShares iBonds Oct 2029 Term TIPS ETF Stock Down 0.0%

Shares of iShares iBonds Oct 2029 Term TIPS ETF stock traded down $0.01 on Tuesday, hitting $26.03. The company had a trading volume of 27,454 shares, compared to its average volume of 9,477. The stock has a 50-day moving average of $26.27 and a 200-day moving average of $26.32. iShares iBonds Oct 2029 Term TIPS ETF has a twelve month low of $25.30 and a twelve month high of $26.67.

Hedge Funds Weigh In On iShares iBonds Oct 2029 Term TIPS ETF

A number of large investors have recently added to or reduced their stakes in IBIF. Susquehanna International Group LLP bought a new stake in shares of iShares iBonds Oct 2029 Term TIPS ETF in the third quarter valued at about $1,246,000. Quantum Financial Advisors LLC grew its holdings in shares of iShares iBonds Oct 2029 Term TIPS ETF by 22.4% during the third quarter. Quantum Financial Advisors LLC now owns 227,910 shares of the company’s stock worth $6,045,000 after buying an additional 41,732 shares in the last quarter. Flow Traders U.S. LLC raised its position in iShares iBonds Oct 2029 Term TIPS ETF by 295.8% in the 3rd quarter. Flow Traders U.S. LLC now owns 36,530 shares of the company’s stock valued at $969,000 after buying an additional 27,300 shares during the last quarter. Citadel Advisors LLC bought a new stake in iShares iBonds Oct 2029 Term TIPS ETF in the 3rd quarter valued at approximately $470,000. Finally, MKT Advisors LLC acquired a new position in iShares iBonds Oct 2029 Term TIPS ETF during the 2nd quarter worth approximately $301,000.

iShares iBonds Oct 2029 Term TIPS ETF Company Profile

The iShares iBonds Oct 2029 Term TIPS ETF (IBIF) 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 2029. The fund will terminate in October 2029 IBIF was launched on Sep 19, 2023 and is issued by BlackRock.