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

iShares iBonds Oct 2032 Term TIPS ETF (NYSEARCA:IBII) was the recipient of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 20,823 shares, an increase of 523.4% from the May 14th total of 3,340 shares. Based on an average daily volume of 12,761 shares, the short-interest ratio is presently 1.6 days. Currently, 1.4% of the shares of the company are sold short.

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

Large investors have recently made changes to their positions in the company. Osaic Holdings Inc. raised its holdings in iShares iBonds Oct 2032 Term TIPS ETF by 74.1% in the 2nd quarter. Osaic Holdings Inc. now owns 1,088 shares of the company’s stock worth $28,000 after purchasing an additional 463 shares during the period. CENTRAL TRUST Co acquired a new position in iShares iBonds Oct 2032 Term TIPS ETF in the 3rd quarter worth about $50,000. Yoder Wealth Management Inc. raised its holdings in iShares iBonds Oct 2032 Term TIPS ETF by 69.8% in the 1st quarter. Yoder Wealth Management Inc. now owns 14,600 shares of the company’s stock worth $378,000 after purchasing an additional 6,000 shares during the period. Jane Street Group LLC acquired a new position in iShares iBonds Oct 2032 Term TIPS ETF in the 4th quarter worth about $251,000. Finally, Bradley & Co. Private Wealth Management LLC raised its holdings in iShares iBonds Oct 2032 Term TIPS ETF by 357.6% in the 3rd 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 period. 0.16% of the stock is currently owned by institutional investors and hedge funds.

iShares iBonds Oct 2032 Term TIPS ETF Stock Performance

Shares of IBII traded down $0.01 during trading hours on Wednesday, hitting $25.93. The stock had a trading volume of 25,506 shares, compared to its average volume of 10,304. The firm has a 50-day moving average price of $26.05 and a 200 day moving average price of $26.00. iShares iBonds Oct 2032 Term TIPS ETF has a fifty-two week low of $25.58 and a fifty-two week high of $26.56.

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.