The iShares iBonds Oct 2035 Term TIPS ETF (NYSEARCA:IBIL) experienced a notable increase in short interest at the end of December 2023. As of December 31, short interest rose to **24,679 shares**, reflecting a **20.5%** increase from the **20,482 shares** reported on December 15. This figure indicates that approximately **2.6%** of the ETF’s stock is currently sold short. With an average trading volume of **9,201 shares**, the short-interest ratio stands at **2.7 days**, suggesting a heightened level of trading activity surrounding this investment.
Trading activity on January 1, 2024, highlighted a slight decrease in the ETF’s value, with shares trading down **0.4%** to **$25.41**. During this session, a total of **5,756 shares** changed hands, surpassing the average volume of **5,187 shares**. Over the past year, the iShares iBonds Oct 2035 Term TIPS ETF has seen a **52-week low of $24.17** and a **high of $27.85**. The ETF’s fifty-day simple moving average is recorded at **$25.63**, while the 200-day simple moving average stands at **$25.61**.
Institutional Activity and Stake Adjustments
Recent institutional activity has also influenced the iShares iBonds Oct 2035 Term TIPS ETF, with several large investors adjusting their holdings. Notably, **Bradley & Co. Private Wealth Management LLC** established a new position valued at approximately **$280,000** during the third quarter. In the first quarter, **Jane Street Group LLC** acquired a new stake valued at around **$1,204,000**. Additionally, **Flow Traders U.S. LLC** made a significant investment in the second quarter, purchasing shares worth about **$1,521,000**.
Understanding the ETF’s Investment Focus
The iShares iBonds Oct 2035 Term TIPS ETF aims to replicate the performance of the **ICE 2035 Maturity US Inflation-Linked Treasury Index**. This index comprises U.S. Treasury Inflation-Protected Securities (TIPS) maturing between **January 1, 2035**, and **October 15, 2035**. By investing in this ETF, investors seek to benefit from the inflation protection that TIPS provide, making it a strategic choice in an uncertain economic climate.
As the market continues to evolve, the movements in short interest and institutional investments in the iShares iBonds Oct 2035 Term TIPS ETF highlight the ongoing interest and activity surrounding inflation-linked securities. Investors are keenly observing these trends as they navigate their investment strategies in the current financial landscape.
