iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) Shares Shorted: Short Interest Up 81.3% in September

iShares iBonds Oct 2027 Term TIPS ETF (NYSEARCA:IBID) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 166,682 shares, a growth of 81.3% from the August 31st total of 91,940 shares. Approximately 3.1% of the shares of the company are short sold. Based on an average trading volume of 95,343 shares, the days-to-cover ratio is presently 1.7 days.

iShares iBonds Oct 2027 Term TIPS ETF Price Performance

Shares of iShares iBonds Oct 2027 Term TIPS ETF stock remained flat at $25.86 during trading on Tuesday. 59,171 shares of the company traded hands, compared to its average volume of 34,383. The firm’s 50-day simple moving average is $25.78 and its 200-day simple moving average is $26.00. iShares iBonds Oct 2027 Term TIPS ETF has a 12-month low of $25.63 and a 12-month high of $26.39.

Hedge Funds Weigh In On iShares iBonds Oct 2027 Term TIPS ETF

A number of institutional investors have recently modified their holdings of the stock. Quantum Financial Advisors LLC lifted its stake in shares of iShares iBonds Oct 2027 Term TIPS ETF by 6.7% in the 2nd quarter. Quantum Financial Advisors LLC now owns 365,365 shares of the company’s stock valued at $9,587,000 after purchasing an additional 22,856 shares during the period. 4Thought Financial Group Inc. acquired a new stake in iShares iBonds Oct 2027 Term TIPS ETF during the first quarter valued at $352,000. IFG Advisory LLC purchased a new position in iShares iBonds Oct 2027 Term TIPS ETF in the fourth quarter valued at $235,000. Allworth Financial LP raised its position in shares of iShares iBonds Oct 2027 Term TIPS ETF by 391.1% in the second quarter. Allworth Financial LP now owns 9,772 shares of the company’s stock worth $256,000 after acquiring an additional 7,782 shares during the period. Finally, Jim Saulnier & Associates LLC raised its position in shares of iShares iBonds Oct 2027 Term TIPS ETF by 20.5% in the second quarter. Jim Saulnier & Associates LLC now owns 15,126 shares of the company’s stock worth $397,000 after acquiring an additional 2,570 shares during the period.

iShares iBonds Oct 2027 Term TIPS ETF Company Profile

The iShares iBonds Oct 2027 Term TIPS ETF (IBID) 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 2027. The fund will terminate in October 2027. IBID was launched on Sep 13, 2023 and is issued by BlackRock.