iShares iBonds Oct 2035 Term TIPS ETF (NYSEARCA:IBIL) Sees Significant Growth in Short Interest

iShares iBonds Oct 2035 Term TIPS ETF (NYSEARCA:IBIL) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 82,726 shares, a growth of 55.3% from the July 15th total of 53,264 shares. Approximately 5.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 13,407 shares, the days-to-cover ratio is presently 6.2 days.

iShares iBonds Oct 2035 Term TIPS ETF Price Performance

iShares iBonds Oct 2035 Term TIPS ETF stock opened at $24.81 on Wednesday. iShares iBonds Oct 2035 Term TIPS ETF has a 52 week low of $24.67 and a 52 week high of $26.73. The stock has a fifty day moving average of $25.05 and a 200-day moving average of $25.44.

Hedge Funds Weigh In On iShares iBonds Oct 2035 Term TIPS ETF

Large investors have recently modified their holdings of the business. Quantum Financial Advisors LLC increased its position in iShares iBonds Oct 2035 Term TIPS ETF by 14.9% during the 2nd quarter. Quantum Financial Advisors LLC now owns 10,258 shares of the company’s stock valued at $263,000 after purchasing an additional 1,332 shares during the period. 4Thought Financial Group Inc. bought a new position in iShares iBonds Oct 2035 Term TIPS ETF during the first quarter worth $350,000. CENTRAL TRUST Co lifted its holdings in iShares iBonds Oct 2035 Term TIPS ETF by 142.6% in the first quarter. CENTRAL TRUST Co now owns 1,213 shares of the company’s stock valued at $31,000 after buying an additional 713 shares during the period. Jane Street Group LLC boosted its position in iShares iBonds Oct 2035 Term TIPS ETF by 38.0% during the fourth quarter. Jane Street Group LLC now owns 29,319 shares of the company’s stock valued at $745,000 after acquiring an additional 8,077 shares during the last quarter. Finally, LPL Financial LLC bought a new stake in iShares iBonds Oct 2035 Term TIPS ETF during the fourth quarter valued at $474,000.

iShares iBonds Oct 2035 Term TIPS ETF Company Profile

The iShares iBonds Oct 2035 Term TIPS ETF seeks to track the investment results of the ICE 2035 Maturity US Inflation-Linked Treasury Index, which is composed of U.S. Treasury Inflation-Protected Securities (TIPS) maturing between January 1, 2035, and October 15, 2035.