iShares iBonds Oct 2032 Term TIPS ETF (NYSEARCA:IBII) Sees Large Decrease in Short Interest

iShares iBonds Oct 2032 Term TIPS ETF (NYSEARCA:IBII) was the target of a large drop in short interest in May. As of May 15th, there was short interest totaling 3,340 shares, a drop of 65.7% from the April 30th total of 9,730 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 8,676 shares, the days-to-cover ratio is currently 0.4 days.

iShares iBonds Oct 2032 Term TIPS ETF Trading Up 0.0%

IBII stock traded up $0.01 during trading on Friday, hitting $26.16. 6,761 shares of the stock traded hands, compared to its average volume of 9,366. iShares iBonds Oct 2032 Term TIPS ETF has a one year low of $25.53 and a one year high of $26.56. The company has a 50 day simple moving average of $26.02 and a 200 day simple moving average of $26.00.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of IBII. Jane Street Group LLC grew its position in iShares iBonds Oct 2032 Term TIPS ETF by 79.6% during the 1st quarter. Jane Street Group LLC now owns 41,022 shares of the company’s stock worth $1,069,000 after acquiring an additional 18,184 shares during the last quarter. Osaic Holdings Inc. boosted its stake in iShares iBonds Oct 2032 Term TIPS ETF by 74.1% in the second quarter. Osaic Holdings Inc. now owns 1,088 shares of the company’s stock worth $28,000 after purchasing an additional 463 shares in the last quarter. CENTRAL TRUST Co acquired a new position in iShares iBonds Oct 2032 Term TIPS ETF in the third quarter worth $50,000. Bradley & Co. Private Wealth Management LLC grew its holdings in shares of iShares iBonds Oct 2032 Term TIPS ETF by 357.6% during the third quarter. Bradley & Co. Private Wealth Management LLC now owns 13,613 shares of the company’s stock worth $358,000 after purchasing an additional 10,638 shares during the last quarter. Finally, Citadel Advisors LLC acquired a new stake in shares of iShares iBonds Oct 2032 Term TIPS ETF in the third quarter valued at $1,645,000. 0.16% of the stock is owned by institutional investors and hedge funds.

iShares iBonds Oct 2032 Term TIPS ETF Company Profile

The iShares iBonds Oct 2032 Term TIPS ETF (IBII) 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 2032. The fund will terminate in October 2032 IBII was launched on Sep 19, 2023 and is issued by BlackRock.