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

iShares iBonds Oct 2032 Term TIPS ETF (NYSEARCA:IBII) was the recipient of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 29,545 shares, an increase of 162.8% from the February 26th total of 11,241 shares. Currently, 2.5% of the shares of the stock are sold short. Based on an average daily volume of 5,386 shares, the days-to-cover ratio is currently 5.5 days.

iShares iBonds Oct 2032 Term TIPS ETF Stock Performance

Shares of IBII stock remained flat at $25.71 on Friday. The company had a trading volume of 2,961 shares, compared to its average volume of 7,984. iShares iBonds Oct 2032 Term TIPS ETF has a one year low of $24.82 and a one year high of $26.56. The company has a 50-day simple moving average of $25.99 and a 200 day simple moving average of $26.05.

Institutional Trading of iShares iBonds Oct 2032 Term TIPS ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Citadel Advisors LLC purchased a new position in shares of iShares iBonds Oct 2032 Term TIPS ETF during the third quarter worth about $1,645,000. CENTRAL TRUST Co grew its stake in iShares iBonds Oct 2032 Term TIPS ETF by 1,882.2% in the 4th quarter. CENTRAL TRUST Co now owns 37,662 shares of the company’s stock worth $969,000 after buying an additional 35,762 shares in the last quarter. Jane Street Group LLC increased its holdings in shares of iShares iBonds Oct 2032 Term TIPS ETF by 79.6% in 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. Quantum Financial Advisors LLC increased its holdings in shares of iShares iBonds Oct 2032 Term TIPS ETF by 8.7% in the 4th quarter. Quantum Financial Advisors LLC now owns 143,997 shares of the company’s stock worth $3,704,000 after buying an additional 11,544 shares during the last quarter. Finally, Bradley & Co. Private Wealth Management LLC raised its position in shares of iShares iBonds Oct 2032 Term TIPS ETF by 357.6% during the 3rd 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 in the last quarter. Hedge funds and other institutional investors own 0.16% of the company’s stock.

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.