iShares iBonds Oct 2032 Term TIPS ETF (NYSEARCA:IBII) Short Interest Up 151.4% in June

iShares iBonds Oct 2032 Term TIPS ETF (NYSEARCA:IBII) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 52,345 shares, a growth of 151.4% from the May 31st total of 20,823 shares. Based on an average daily trading volume, of 18,909 shares, the days-to-cover ratio is currently 2.8 days. Approximately 3.5% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Quantum Financial Advisors LLC boosted 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 valued at $3,704,000 after purchasing an additional 11,544 shares during the last quarter. CENTRAL TRUST Co increased its position in shares of iShares iBonds Oct 2032 Term TIPS ETF by 78.9% during the 1st quarter. CENTRAL TRUST Co now owns 67,386 shares of the company’s stock worth $1,746,000 after purchasing an additional 29,724 shares during the last quarter. Citadel Advisors LLC acquired a new position in shares of iShares iBonds Oct 2032 Term TIPS ETF during the 3rd quarter worth approximately $1,645,000. Jane Street Group LLC raised its stake 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 purchasing an additional 18,184 shares in the last quarter. Finally, Yoder Wealth Management Inc. raised its stake 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 purchasing an additional 6,000 shares in the last quarter. 0.16% of the stock is owned by institutional investors and hedge funds.

iShares iBonds Oct 2032 Term TIPS ETF Stock Performance

iShares iBonds Oct 2032 Term TIPS ETF stock opened at $26.02 on Monday. The firm has a 50-day moving average of $26.05 and a 200-day moving average of $25.98. iShares iBonds Oct 2032 Term TIPS ETF has a one year low of $25.58 and a one year high of $26.56.

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.