iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) Short Interest Up 152.1% in February

iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) was the target of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 9,644 shares, a growth of 152.1% from the February 12th total of 3,826 shares. Based on an average trading volume of 22,323 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 22,323 shares, the days-to-cover ratio is presently 0.4 days.

iShares iBonds Oct 2028 Term TIPS ETF Stock Down 0.0%

NYSEARCA:IBIE traded down $0.01 during trading on Friday, reaching $26.19. The company’s stock had a trading volume of 14,313 shares, compared to its average volume of 26,323. The firm has a 50 day moving average of $26.09 and a 200-day moving average of $26.21. iShares iBonds Oct 2028 Term TIPS ETF has a 12 month low of $25.69 and a 12 month high of $26.56.

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

Institutional investors have recently added to or reduced their stakes in the stock. Parallel Advisors LLC purchased a new stake in iShares iBonds Oct 2028 Term TIPS ETF during the fourth quarter worth about $30,000. Osaic Holdings Inc. boosted its stake in iShares iBonds Oct 2028 Term TIPS ETF by 177.9% in 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 last quarter. Mendota Financial Group LLC bought a new position in shares of iShares iBonds Oct 2028 Term TIPS ETF during the 3rd quarter valued at approximately $64,000. Raymond James Financial Inc. purchased a new stake in shares of iShares iBonds Oct 2028 Term TIPS ETF during the 2nd quarter worth approximately $81,000. Finally, Farther Finance Advisors LLC purchased a new stake in shares of iShares iBonds Oct 2028 Term TIPS ETF during the 4th quarter worth approximately $104,000.

About iShares iBonds Oct 2028 Term TIPS ETF

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.