iShares iBonds Oct 2032 Term TIPS ETF (NYSEARCA:IBII) Shares Shorted: Short Interest Down 47.1% in October

iShares iBonds Oct 2032 Term TIPS ETF (NYSEARCA:IBII) was the target of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 35,468 shares, a decrease of 47.1% from the September 30th total of 67,050 shares. Based on an average daily volume of 58,645 shares, the short-interest ratio is presently 0.6 days. Currently, 1.1% of the shares of the company are sold short.

Hedge Funds Weigh In On iShares iBonds Oct 2032 Term TIPS ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Burkett Financial Services LLC purchased a new position in shares of iShares iBonds Oct 2032 Term TIPS ETF in the third quarter worth about $117,000. Allworth Financial LP bought a new stake in shares of iShares iBonds Oct 2032 Term TIPS ETF in the second quarter valued at approximately $224,000. Magnus Financial Group LLC purchased a new stake in shares of iShares iBonds Oct 2032 Term TIPS ETF during the 3rd quarter valued at approximately $330,000. Whitener Capital Management Inc. purchased a new stake in shares of iShares iBonds Oct 2032 Term TIPS ETF during the 3rd quarter valued at approximately $608,000. Finally, Bradley & Co. Private Wealth Management LLC lifted its stake in shares of iShares iBonds Oct 2032 Term TIPS ETF by 22.7% during the 3rd quarter. Bradley & Co. Private Wealth Management LLC now owns 30,936 shares of the company’s stock valued at $759,000 after buying an additional 5,729 shares in the last quarter. Institutional investors own 0.16% of the company’s stock.

iShares iBonds Oct 2032 Term TIPS ETF Stock Performance

Shares of IBII traded up $0.13 during mid-day trading on Friday, hitting $25.09. The stock had a trading volume of 165,545 shares, compared to its average volume of 23,262. The business has a fifty day moving average price of $24.86 and a 200-day moving average price of $25.59. iShares iBonds Oct 2032 Term TIPS ETF has a 52 week low of $24.37 and a 52 week high of $26.28.

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.