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

iShares iBonds Oct 2032 Term TIPS ETF (NYSEARCA:IBII) saw a significant increase in short interest during 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. Currently, 1.4% of the company’s stock are sold short. Based on an average daily trading volume, of 12,761 shares, the short-interest ratio is currently 1.6 days.

iShares iBonds Oct 2032 Term TIPS ETF Stock Down 0.1%

Shares of NYSEARCA:IBII traded down $0.02 during mid-day trading on Friday, hitting $25.99. 13,333 shares of the company traded hands, compared to its average volume of 10,292. iShares iBonds Oct 2032 Term TIPS ETF has a 12-month low of $25.58 and a 12-month high of $26.56. The stock has a 50-day moving average price of $26.05 and a two-hundred day moving average price of $25.99.

Institutional Trading of iShares iBonds Oct 2032 Term TIPS ETF

A number of hedge funds have recently bought and sold shares of the business. Osaic Holdings Inc. lifted its holdings in iShares iBonds Oct 2032 Term TIPS ETF by 74.1% during the second quarter. Osaic Holdings Inc. now owns 1,088 shares of the company’s stock worth $28,000 after acquiring an additional 463 shares during the period. CENTRAL TRUST Co bought a new stake in iShares iBonds Oct 2032 Term TIPS ETF during the third quarter worth $50,000. Yoder Wealth Management Inc. lifted its holdings in 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 acquiring an additional 6,000 shares during the period. Jane Street Group LLC bought a new stake in iShares iBonds Oct 2032 Term TIPS ETF during the fourth quarter worth $251,000. Finally, Bradley & Co. Private Wealth Management LLC raised its stake in shares of iShares iBonds Oct 2032 Term TIPS ETF by 357.6% in the third quarter. Bradley & Co. Private Wealth Management LLC now owns 13,613 shares of the company’s stock valued at $358,000 after buying an additional 10,638 shares during the period. 0.16% of the stock is currently owned by institutional investors.

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.