iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) Sees Large Decrease in Short Interest

iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) was the target of a large decrease in short interest in February. As of February 27th, there was short interest totaling 8,043 shares, a decrease of 72.6% from the February 12th total of 29,363 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 17,945 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 17,945 shares, the short-interest ratio is currently 0.4 days. Approximately 0.3% of the shares of the company are sold short.

iShares iBonds Oct 2027 Term TIPS ETF Price Performance

Shares of NYSEARCA:IBID traded up $0.02 during trading on Wednesday, hitting $26.02. 16,417 shares of the stock were exchanged, compared to its average volume of 26,251. The company has a fifty day moving average price of $25.88 and a two-hundred day moving average price of $26.01. iShares iBonds Oct 2027 Term TIPS ETF has a 12-month low of $25.75 and a 12-month high of $28.47.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quantum Financial Advisors LLC raised its position in shares of iShares iBonds Oct 2027 Term TIPS ETF by 12.1% in the third quarter. Quantum Financial Advisors LLC now owns 261,765 shares of the company’s stock valued at $6,875,000 after buying an additional 28,152 shares during the last quarter. CENTRAL TRUST Co lifted its stake in shares of iShares iBonds Oct 2027 Term TIPS ETF by 15.0% during the 2nd quarter. CENTRAL TRUST Co now owns 17,607 shares of the company’s stock worth $461,000 after purchasing an additional 2,295 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of iShares iBonds Oct 2027 Term TIPS ETF during the second quarter worth $97,000. Creative Planning increased its stake in iShares iBonds Oct 2027 Term TIPS ETF by 27.9% in the third quarter. Creative Planning now owns 32,447 shares of the company’s stock valued at $852,000 after purchasing an additional 7,076 shares during the last quarter. Finally, Jane Street Group LLC lifted its position in iShares iBonds Oct 2027 Term TIPS ETF by 92.3% during the first quarter. Jane Street Group LLC now owns 32,497 shares of the company’s stock worth $854,000 after buying an additional 15,602 shares during the period.

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.