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

iShares iBonds Oct 2032 Term TIPS ETF (NYSEARCA:IBII) saw a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 2,627 shares, a decline of 59.3% from the December 31st total of 6,459 shares. Based on an average daily trading volume, of 5,767 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the company’s stock are short sold. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 5,767 shares, the short-interest ratio is presently 0.5 days.

iShares iBonds Oct 2032 Term TIPS ETF Trading Up 0.1%

IBII stock traded up $0.03 during midday trading on Thursday, hitting $25.91. 4,445 shares of the company traded hands, compared to its average volume of 6,860. iShares iBonds Oct 2032 Term TIPS ETF has a twelve month low of $24.82 and a twelve month high of $26.56. The business has a 50 day simple moving average of $25.92 and a 200-day simple moving average of $26.05.

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.