iShares iBonds Oct 2032 Term TIPS ETF (NYSEARCA:IBII) Short Interest Update

iShares iBonds Oct 2032 Term TIPS ETF (NYSEARCA:IBII) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totaling 86,797 shares, an increase of 87.2% from the August 15th total of 46,375 shares. Based on an average daily volume of 20,439 shares, the short-interest ratio is presently 4.2 days. Approximately 4.5% of the company’s stock are sold short.

iShares iBonds Oct 2032 Term TIPS ETF Trading Up 0.3%

Shares of NYSEARCA IBII opened at $24.85 on Friday. The firm’s 50-day moving average price is $25.24 and its 200-day moving average price is $25.72. iShares iBonds Oct 2032 Term TIPS ETF has a 1-year low of $24.78 and a 1-year high of $26.46.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Allworth Financial LP acquired a new stake in iShares iBonds Oct 2032 Term TIPS ETF in the second quarter valued at approximately $224,000. 4Thought Financial Group Inc. bought a new stake in shares of iShares iBonds Oct 2032 Term TIPS ETF during the first quarter valued at approximately $351,000. Yoder Wealth Management Inc. raised its position in shares of iShares iBonds Oct 2032 Term TIPS ETF by 69.8% during the first 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. CENTRAL TRUST Co raised its position in shares of iShares iBonds Oct 2032 Term TIPS ETF by 78.9% during the first quarter. CENTRAL TRUST Co now owns 67,386 shares of the company’s stock worth $1,746,000 after purchasing an additional 29,724 shares during the period. Finally, Quantum Financial Advisors LLC raised its position in shares of iShares iBonds Oct 2032 Term TIPS ETF by 604.4% during the second quarter. Quantum Financial Advisors LLC now owns 214,029 shares of the company’s stock worth $5,565,000 after purchasing an additional 183,646 shares during the period. 0.16% of the stock is owned by institutional investors and hedge funds.

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.