iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) Short Interest Up 57.5% in July

iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 73,522 shares, a growth of 57.5% from the July 15th total of 46,684 shares. Based on an average daily trading volume, of 27,492 shares, the short-interest ratio is currently 2.7 days. Currently, 1.6% of the shares of the company are short sold.

iShares iBonds Oct 2027 Term TIPS ETF Price Performance

IBID stock opened at $25.77 on Thursday. The company’s 50-day simple moving average is $25.86 and its 200-day simple moving average is $26.02. iShares iBonds Oct 2027 Term TIPS ETF has a 52-week low of $25.63 and a 52-week high of $26.39.

Hedge Funds Weigh In On iShares iBonds Oct 2027 Term TIPS ETF

A number of hedge funds have recently bought and sold shares of the business. Jane Street Group LLC increased its position in shares of iShares iBonds Oct 2027 Term TIPS ETF by 92.3% in the first quarter. Jane Street Group LLC now owns 32,497 shares of the company’s stock valued at $854,000 after buying an additional 15,602 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in iShares iBonds Oct 2027 Term TIPS ETF in the 2nd quarter valued at $97,000. Osaic Holdings Inc. increased its holdings in iShares iBonds Oct 2027 Term TIPS ETF by 190.6% in the 2nd quarter. Osaic Holdings Inc. now owns 1,816 shares of the company’s stock worth $48,000 after acquiring an additional 1,191 shares in the last quarter. Creative Planning increased its holdings in iShares iBonds Oct 2027 Term TIPS ETF by 27.9% in the 3rd quarter. Creative Planning now owns 32,447 shares of the company’s stock worth $852,000 after acquiring an additional 7,076 shares in the last quarter. Finally, CENTRAL TRUST Co lifted its holdings in iShares iBonds Oct 2027 Term TIPS ETF by 63.0% during the fourth quarter. CENTRAL TRUST Co now owns 26,035 shares of the company’s stock valued at $672,000 after purchasing an additional 10,065 shares in the last quarter.

iShares iBonds Oct 2027 Term TIPS ETF Company Profile

The iShares iBonds Oct 2027 Term TIPS ETF (IBID) 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 2027. The fund will terminate in October 2027. IBID was launched on Sep 13, 2023 and is issued by BlackRock.