iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) Short Interest Up 134.7% in April

iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totaling 73,604 shares, an increase of 134.7% from the March 31st total of 31,366 shares. Approximately 1.4% of the company’s stock are sold short. Based on an average daily trading volume, of 71,084 shares, the short-interest ratio is currently 1.0 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IBIE. Parallel Advisors LLC purchased a new stake in iShares iBonds Oct 2028 Term TIPS ETF during the fourth quarter valued at approximately $30,000. Osaic Holdings Inc. increased its holdings in 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 buying an additional 1,112 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in iShares iBonds Oct 2028 Term TIPS ETF during the second quarter valued at approximately $81,000. Farther Finance Advisors LLC purchased a new stake in iShares iBonds Oct 2028 Term TIPS ETF during the fourth quarter valued at approximately $104,000. Finally, Flow Traders U.S. LLC purchased a new stake in iShares iBonds Oct 2028 Term TIPS ETF during the third quarter valued at approximately $216,000.

iShares iBonds Oct 2028 Term TIPS ETF Trading Up 0.1%

Shares of NYSEARCA IBIE traded up $0.02 during midday trading on Monday, hitting $26.39. The stock had a trading volume of 17,892 shares, compared to its average volume of 33,572. The business’s 50 day moving average is $26.20 and its 200-day moving average is $26.16. iShares iBonds Oct 2028 Term TIPS ETF has a 52 week low of $25.92 and a 52 week high of $26.56.

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.