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

iShares iBonds Oct 2032 Term TIPS ETF (NYSEARCA:IBII) was the target of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 9,730 shares, a decrease of 47.6% from the April 15th total of 18,559 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average daily trading volume, of 8,856 shares, the short-interest ratio is presently 1.1 days.

Institutional Trading of iShares iBonds Oct 2032 Term TIPS ETF

Several large investors have recently modified their holdings of IBII. Osaic Holdings Inc. boosted its holdings in shares of iShares iBonds Oct 2032 Term TIPS ETF by 74.1% during the 2nd quarter. Osaic Holdings Inc. now owns 1,088 shares of the company’s stock worth $28,000 after buying an additional 463 shares during the period. CENTRAL TRUST Co acquired a new position in iShares iBonds Oct 2032 Term TIPS ETF during the 3rd quarter valued at $50,000. Jane Street Group LLC acquired a new position in iShares iBonds Oct 2032 Term TIPS ETF during the 4th quarter valued at $251,000. 4Thought Financial Group Inc. acquired a new position in iShares iBonds Oct 2032 Term TIPS ETF during the 1st quarter valued at $351,000. Finally, Bradley & Co. Private Wealth Management LLC raised its stake in iShares iBonds Oct 2032 Term TIPS ETF by 357.6% during the 3rd quarter. Bradley & Co. Private Wealth Management LLC now owns 13,613 shares of the company’s stock valued at $358,000 after purchasing an additional 10,638 shares during the last quarter. 0.16% of the stock is owned by institutional investors.

iShares iBonds Oct 2032 Term TIPS ETF Price Performance

Shares of NYSEARCA IBII traded down $0.03 during trading hours on Monday, hitting $26.03. 9,827 shares of the stock were exchanged, compared to its average volume of 9,050. The company’s 50 day moving average is $26.04 and its 200 day moving average is $26.00. iShares iBonds Oct 2032 Term TIPS ETF has a one year low of $25.45 and a one year high of $26.56.

About iShares iBonds Oct 2032 Term TIPS ETF

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.