iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) Sees Significant Decrease in Short Interest

iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) saw a large decline in short interest in the month of February. As of February 13th, there was short interest totaling 3,826 shares, a decline of 68.6% from the January 29th total of 12,192 shares. Based on an average daily trading volume, of 27,478 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 27,478 shares, the short-interest ratio is currently 0.1 days.

iShares iBonds Oct 2028 Term TIPS ETF Price Performance

Shares of IBIE traded up $0.05 during trading hours on Thursday, reaching $26.16. The stock had a trading volume of 22,378 shares, compared to its average volume of 29,797. iShares iBonds Oct 2028 Term TIPS ETF has a 52 week low of $25.69 and a 52 week high of $26.56. The firm has a 50-day moving average of $26.05 and a 200 day moving average of $26.22.

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

A number of hedge funds have recently modified their holdings of the business. Osaic Holdings Inc. grew its position in shares of iShares iBonds Oct 2028 Term TIPS ETF by 177.9% in the 2nd quarter. Osaic Holdings Inc. now owns 1,737 shares of the company’s stock valued at $46,000 after purchasing an additional 1,112 shares during the period. Parallel Advisors LLC bought a new position in iShares iBonds Oct 2028 Term TIPS ETF in the fourth quarter valued at approximately $30,000. Creative Planning boosted its holdings in shares of iShares iBonds Oct 2028 Term TIPS ETF by 10.0% in the second quarter. Creative Planning now owns 12,570 shares of the company’s stock valued at $330,000 after buying an additional 1,144 shares during the period. MKT Advisors LLC increased its position in shares of iShares iBonds Oct 2028 Term TIPS ETF by 12.2% during the fourth quarter. MKT Advisors LLC now owns 17,535 shares of the company’s stock worth $456,000 after acquiring an additional 1,903 shares in the last quarter. Finally, Mendota Financial Group LLC bought a new stake in shares of iShares iBonds Oct 2028 Term TIPS ETF during the third quarter worth $64,000.

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.