iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) Short Interest Up 64.7% in August

iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 92,927 shares, an increase of 64.7% from the July 30th total of 56,428 shares. Currently, 1.5% of the company’s shares are short sold. Based on an average trading volume of 28,629 shares, the days-to-cover ratio is currently 3.2 days.

Institutional Investors Weigh In On iShares iBonds Oct 2028 Term TIPS ETF

Several hedge funds have recently bought and sold shares of IBIE. North Star Investment Management Corp. boosted its position in shares of iShares iBonds Oct 2028 Term TIPS ETF by 55.5% during the first quarter. North Star Investment Management Corp. now owns 196,038 shares of the company’s stock worth $5,144,000 after purchasing an additional 69,988 shares in the last quarter. CENTRAL TRUST Co increased its position in shares of iShares iBonds Oct 2028 Term TIPS ETF by 219.5% in the 4th quarter. CENTRAL TRUST Co now owns 59,016 shares of the company’s stock valued at $1,533,000 after buying an additional 40,544 shares in the last quarter. Quantum Financial Advisors LLC increased its position in shares of iShares iBonds Oct 2028 Term TIPS ETF by 10.6% in the 2nd quarter. Quantum Financial Advisors LLC now owns 368,799 shares of the company’s stock valued at $9,699,000 after buying an additional 35,421 shares in the last quarter. Goldman Sachs Group Inc. bought a new stake in shares of iShares iBonds Oct 2028 Term TIPS ETF in the 1st quarter valued at $908,000. Finally, Jane Street Group LLC raised its stake in iShares iBonds Oct 2028 Term TIPS ETF by 225.1% during the 4th quarter. Jane Street Group LLC now owns 34,815 shares of the company’s stock worth $904,000 after buying an additional 24,106 shares during the period.

iShares iBonds Oct 2028 Term TIPS ETF Trading Up 0.1%

Shares of NYSEARCA:IBIE opened at $25.77 on Wednesday. The firm’s 50 day simple moving average is $25.79 and its 200 day simple moving average is $26.11. iShares iBonds Oct 2028 Term TIPS ETF has a fifty-two week low of $25.63 and a fifty-two week high of $26.56.

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.