Short Interest in iShares iBonds Oct 2032 Term TIPS ETF (NYSEARCA:IBII) Drops By 59.3%

iShares iBonds Oct 2032 Term TIPS ETF (NYSEARCA:IBII) was the recipient of 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. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 5,767 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 5,767 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.2% of the shares of the stock are short sold.

iShares iBonds Oct 2032 Term TIPS ETF Trading Up 0.1%

Shares of IBII stock traded up $0.03 on Thursday, reaching $25.91. 4,445 shares of the stock were exchanged, compared to its average volume of 6,860. iShares iBonds Oct 2032 Term TIPS ETF has a 1-year low of $24.82 and a 1-year high of $26.56. The firm has a 50 day moving average of $25.92 and a two-hundred day moving average of $26.05.

iShares iBonds Oct 2032 Term TIPS ETF Company Profile

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.