Short Interest in iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) Decreases By 48.4%

iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) was the target of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 1,890 shares, a drop of 48.4% from the May 14th total of 3,660 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 8,016 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of iShares iBonds Oct 2033 Term TIPS ETF

A number of hedge funds have recently bought and sold shares of the business. 4Thought Financial Group Inc. bought a new stake in iShares iBonds Oct 2033 Term TIPS ETF during the first quarter worth $350,000. Jane Street Group LLC bought a new stake in iShares iBonds Oct 2033 Term TIPS ETF during the fourth quarter worth $533,000. Quantum Financial Advisors LLC lifted its holdings in iShares iBonds Oct 2033 Term TIPS ETF by 2.2% during the fourth quarter. Quantum Financial Advisors LLC now owns 131,761 shares of the company’s stock worth $3,406,000 after acquiring an additional 2,866 shares during the period. Flow Traders U.S. LLC lifted its holdings in iShares iBonds Oct 2033 Term TIPS ETF by 16.0% during the third quarter. Flow Traders U.S. LLC now owns 26,275 shares of the company’s stock worth $693,000 after acquiring an additional 3,630 shares during the period. Finally, Bradley & Co. Private Wealth Management LLC bought a new stake in iShares iBonds Oct 2033 Term TIPS ETF during the third quarter worth $279,000.

iShares iBonds Oct 2033 Term TIPS ETF Stock Performance

iShares iBonds Oct 2033 Term TIPS ETF stock traded down $0.03 during mid-day trading on Friday, reaching $26.08. 4,214 shares of the company’s stock were exchanged, compared to its average volume of 7,072. The business’s fifty day simple moving average is $26.15 and its 200 day simple moving average is $26.11. iShares iBonds Oct 2033 Term TIPS ETF has a one year low of $25.59 and a one year high of $26.68.

About iShares iBonds Oct 2033 Term TIPS ETF

The iShares iBonds Oct 2033 Term TIPS ETF (IBIJ) 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 2033. The fund will terminate in October 2033 IBIJ was launched on Sep 19, 2023 and is issued by BlackRock.