iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) Short Interest Update

iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totaling 21,187 shares, a growth of 116.3% from the November 30th total of 9,794 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average trading volume of 14,997 shares, the days-to-cover ratio is presently 1.4 days. Based on an average trading volume of 14,997 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.6% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. TRUE Private Wealth Advisors bought a new stake in shares of iShares iBonds Oct 2028 Term TIPS ETF during the second quarter worth $42,683,000. Addison Advisors LLC acquired a new stake in iShares iBonds Oct 2028 Term TIPS ETF in the second quarter worth about $2,403,000. North Star Investment Management Corp. acquired a new stake in iShares iBonds Oct 2028 Term TIPS ETF in the third quarter worth about $989,000. Goldman Sachs Group Inc. bought a new stake in iShares iBonds Oct 2028 Term TIPS ETF during the 1st quarter worth about $908,000. Finally, Penobscot Investment Management Company Inc. acquired a new position in iShares iBonds Oct 2028 Term TIPS ETF during the 2nd quarter valued at about $880,000.

iShares iBonds Oct 2028 Term TIPS ETF Stock Performance

Shares of IBIE stock remained flat at $25.97 during trading hours on Friday. 14,913 shares of the stock were exchanged, compared to its average volume of 17,480. iShares iBonds Oct 2028 Term TIPS ETF has a 12 month low of $25.31 and a 12 month high of $26.56. The business has a fifty day moving average price of $26.20 and a two-hundred day moving average price of $26.24.

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.