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 large decline in short interest in April. As of April 30th, there was short interest totaling 9,730 shares, a decline of 47.6% from the April 15th total of 18,559 shares. Based on an average daily trading volume, of 8,856 shares, the short-interest ratio is currently 1.1 days. Currently, 0.6% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Quantum Financial Advisors LLC increased its position in iShares iBonds Oct 2032 Term TIPS ETF by 8.7% during the fourth quarter. Quantum Financial Advisors LLC now owns 143,997 shares of the company’s stock worth $3,704,000 after purchasing an additional 11,544 shares during the last quarter. CENTRAL TRUST Co boosted its holdings in iShares iBonds Oct 2032 Term TIPS ETF by 78.9% in the 1st quarter. CENTRAL TRUST Co now owns 67,386 shares of the company’s stock valued at $1,746,000 after purchasing an additional 29,724 shares during the last quarter. Citadel Advisors LLC purchased a new stake in shares of iShares iBonds Oct 2032 Term TIPS ETF in the 3rd quarter valued at approximately $1,645,000. Jane Street Group LLC increased its holdings in shares of iShares iBonds Oct 2032 Term TIPS ETF by 79.6% during the 1st quarter. Jane Street Group LLC now owns 41,022 shares of the company’s stock worth $1,069,000 after buying an additional 18,184 shares during the last quarter. Finally, Yoder Wealth Management Inc. increased its holdings in shares of iShares iBonds Oct 2032 Term TIPS ETF by 69.8% during the 1st quarter. Yoder Wealth Management Inc. now owns 14,600 shares of the company’s stock worth $378,000 after buying an additional 6,000 shares during the last quarter. Institutional investors and hedge funds own 0.16% of the company’s stock.

iShares iBonds Oct 2032 Term TIPS ETF Stock Performance

Shares of NYSEARCA IBII traded down $0.11 during midday trading on Friday, hitting $26.06. The stock had a trading volume of 5,597 shares, compared to its average volume of 9,043. The stock has a 50 day simple moving average of $26.04 and a 200-day simple moving average of $26.00. iShares iBonds Oct 2032 Term TIPS ETF has a 1 year low of $25.45 and a 1 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.