Short Interest in iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) Drops By 84.8%

iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) was the recipient of a large drop in short interest in January. As of January 15th, there was short interest totaling 6,171 shares, a drop of 84.8% from the December 31st total of 40,549 shares. Based on an average daily volume of 46,315 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 46,315 shares, the short-interest ratio is currently 0.1 days.

iShares iBonds Oct 2028 Term TIPS ETF Stock Performance

IBIE stock traded up $0.02 during midday trading on Wednesday, hitting $26.07. 13,397 shares of the stock were exchanged, compared to its average volume of 35,889. The stock’s 50-day moving average price is $26.10 and its 200-day moving average price is $26.23. iShares iBonds Oct 2028 Term TIPS ETF has a fifty-two week low of $25.58 and a fifty-two week high of $26.56.

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

Several institutional investors and hedge funds have recently made changes to their positions in the business. Osaic Holdings Inc. increased its holdings in iShares iBonds Oct 2028 Term TIPS ETF by 177.9% during the 2nd 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 in the last quarter. Mendota Financial Group LLC purchased a new stake in shares of iShares iBonds Oct 2028 Term TIPS ETF in the third quarter valued at about $64,000. Raymond James Financial Inc. acquired a new stake in shares of iShares iBonds Oct 2028 Term TIPS ETF in the second quarter valued at approximately $81,000. Farther Finance Advisors LLC acquired a new stake in shares of iShares iBonds Oct 2028 Term TIPS ETF in the fourth quarter valued at approximately $104,000. Finally, Flow Traders U.S. LLC purchased a new position in shares of iShares iBonds Oct 2028 Term TIPS ETF during the 3rd quarter worth approximately $216,000.

iShares iBonds Oct 2028 Term TIPS ETF Company Profile

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.