Short Interest in iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) Grows By 134.7%

by · The Cerbat Gem

iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE – Get Free Report) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totaling 73,604 shares, a growth of 134.7% from the March 31st total of 31,366 shares. Based on an average daily trading volume, of 71,084 shares, the days-to-cover ratio is currently 1.0 days. Currently, 1.4% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Parallel Advisors LLC purchased a new stake in iShares iBonds Oct 2028 Term TIPS ETF in the 4th quarter worth approximately $30,000. Osaic Holdings Inc. boosted its holdings in iShares iBonds Oct 2028 Term TIPS ETF by 177.9% during the second quarter. Osaic Holdings Inc. now owns 1,737 shares of the company’s stock valued at $46,000 after acquiring an additional 1,112 shares during the period. Raymond James Financial Inc. acquired a new stake in iShares iBonds Oct 2028 Term TIPS ETF in the 2nd quarter valued at approximately $81,000. Farther Finance Advisors LLC acquired a new position in shares of iShares iBonds Oct 2028 Term TIPS ETF during the fourth quarter worth approximately $104,000. Finally, Flow Traders U.S. LLC bought a new stake in shares of iShares iBonds Oct 2028 Term TIPS ETF in the third quarter valued at approximately $216,000.

iShares iBonds Oct 2028 Term TIPS ETF Stock Up 0.2%

Shares of NYSEARCA IBIE traded up $0.06 during midday trading on Friday, reaching $26.37. The company’s stock had a trading volume of 27,906 shares, compared to its average volume of 33,773. iShares iBonds Oct 2028 Term TIPS ETF has a one year low of $25.92 and a one year high of $26.56. The company has a 50 day moving average price of $26.20 and a 200 day moving average price of $26.16.

About iShares iBonds Oct 2028 Term TIPS ETF

(Get Free Report)

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.

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