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

iShares iBonds Oct 2032 Term TIPS ETF (NYSEARCA:IBII) was the target of a large growth in short interest in January. As of January 30th, there was short interest totaling 7,137 shares, a growth of 171.7% from the January 15th total of 2,627 shares. Based on an average daily volume of 7,901 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.6% of the shares of the stock are short sold. Currently, 0.6% of the shares of the stock are short sold. Based on an average daily volume of 7,901 shares, the days-to-cover ratio is currently 0.9 days.

iShares iBonds Oct 2032 Term TIPS ETF Trading Up 0.1%

NYSEARCA:IBII traded up $0.03 during trading hours on Friday, reaching $26.09. 1,867 shares of the company’s stock were exchanged, compared to its average volume of 6,439. iShares iBonds Oct 2032 Term TIPS ETF has a 12 month low of $24.82 and a 12 month high of $26.56. The business’s 50-day simple moving average is $25.87 and its two-hundred day simple moving average is $26.06.

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.