iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) Shares Shorted: Short Interest Up 88.2% in September

iShares iBonds Oct 2029 Term TIPS ETF (NYSEARCA:IBIF) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totaling 109,154 shares, an increase of 88.2% from the August 31st total of 58,010 shares. Currently, 2.2% of the shares of the company are short sold. Based on an average daily volume of 53,389 shares, the days-to-cover ratio is currently 2.0 days.

iShares iBonds Oct 2029 Term TIPS ETF Trading Down 0.2%

NYSEARCA IBIF opened at $25.39 on Tuesday. iShares iBonds Oct 2029 Term TIPS ETF has a one year low of $25.37 and a one year high of $26.55. The stock has a 50-day moving average of $25.67 and a 200 day moving average of $26.03.

Institutional Trading of iShares iBonds Oct 2029 Term TIPS ETF

Large investors have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC purchased a new position in shares of iShares iBonds Oct 2029 Term TIPS ETF during the second quarter valued at approximately $35,000. McIlrath & Eck LLC purchased a new stake in iShares iBonds Oct 2029 Term TIPS ETF in the first quarter worth approximately $46,000. Allworth Financial LP boosted its holdings in iShares iBonds Oct 2029 Term TIPS ETF by 427.3% in the second quarter. Allworth Financial LP now owns 10,509 shares of the company’s stock worth $276,000 after purchasing an additional 8,516 shares during the last quarter. 4Thought Financial Group Inc. bought a new stake in iShares iBonds Oct 2029 Term TIPS ETF in the 1st quarter worth approximately $351,000. Finally, Jim Saulnier & Associates LLC grew its position in iShares iBonds Oct 2029 Term TIPS ETF by 18.9% in the 2nd quarter. Jim Saulnier & Associates LLC now owns 32,786 shares of the company’s stock worth $862,000 after purchasing an additional 5,202 shares during the period.

About iShares iBonds Oct 2029 Term TIPS ETF

The iShares iBonds Oct 2029 Term TIPS ETF (IBIF) 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 2029. The fund will terminate in October 2029 IBIF was launched on Sep 19, 2023 and is issued by BlackRock.