Short Interest in iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) Drops By 13.4%

iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) was the recipient of a significant decrease in short interest in March. As of March 13th, there was short interest totaling 2,868 shares, a decrease of 13.4% from the February 26th total of 3,312 shares. Based on an average trading volume of 4,027 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.2% of the shares of the company are sold short.

iShares iBonds Oct 2033 Term TIPS ETF Trading Down 0.3%

Shares of IBIJ stock opened at $25.89 on Thursday. The company has a fifty day moving average price of $26.12 and a two-hundred day moving average price of $26.15. iShares iBonds Oct 2033 Term TIPS ETF has a one year low of $24.77 and a one year high of $28.20.

Hedge Funds Weigh In On iShares iBonds Oct 2033 Term TIPS ETF

Large investors have recently modified their holdings of the stock. Quantum Financial Advisors LLC raised its stake in iShares iBonds Oct 2033 Term TIPS ETF by 2.2% in the 4th quarter. Quantum Financial Advisors LLC now owns 131,761 shares of the company’s stock worth $3,406,000 after purchasing an additional 2,866 shares in the last quarter. Jim Saulnier & Associates LLC grew its position in shares of iShares iBonds Oct 2033 Term TIPS ETF by 2.7% during the 3rd quarter. Jim Saulnier & Associates LLC now owns 45,223 shares of the company’s stock worth $1,193,000 after purchasing an additional 1,176 shares in the last quarter. Jane Street Group LLC grew its position in shares of iShares iBonds Oct 2033 Term TIPS ETF by 55.1% during the 1st quarter. Jane Street Group LLC now owns 39,863 shares of the company’s stock worth $1,041,000 after purchasing an additional 14,168 shares in the last quarter. Flow Traders U.S. LLC increased its holdings in shares of 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 purchasing an additional 3,630 shares during the period. Finally, Bradley & Co. Private Wealth Management LLC bought a new position in shares of iShares iBonds Oct 2033 Term TIPS ETF during the third quarter worth approximately $279,000.

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.