iShares iBonds Oct 2035 Term TIPS ETF (NYSEARCA:IBIL) Short Interest Update

iShares iBonds Oct 2035 Term TIPS ETF (NYSEARCA:IBIL) was the target of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 5,427 shares, a drop of 76.3% from the May 14th total of 22,938 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 7,994 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Jane Street Group LLC purchased a new position in iShares iBonds Oct 2035 Term TIPS ETF in the 1st quarter valued at $1,204,000. Bradley & Co. Private Wealth Management LLC purchased a new position in iShares iBonds Oct 2035 Term TIPS ETF in the 3rd quarter valued at $280,000. ARK & TLK Investments LLC purchased a new position in iShares iBonds Oct 2035 Term TIPS ETF in the 4th quarter valued at $294,000. LPL Financial LLC purchased a new position in iShares iBonds Oct 2035 Term TIPS ETF in the 4th quarter valued at $474,000. Finally, CENTRAL TRUST Co lifted its holdings in iShares iBonds Oct 2035 Term TIPS ETF by 142.6% in the 1st quarter. CENTRAL TRUST Co now owns 1,213 shares of the company’s stock valued at $31,000 after purchasing an additional 713 shares in the last quarter.

iShares iBonds Oct 2035 Term TIPS ETF Stock Up 0.2%

Shares of NYSEARCA IBIL opened at $25.53 on Wednesday. iShares iBonds Oct 2035 Term TIPS ETF has a 12 month low of $24.88 and a 12 month high of $26.73. The firm’s 50 day simple moving average is $25.64 and its 200-day simple moving average is $25.63.

About iShares iBonds Oct 2035 Term TIPS ETF

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.