iShares iBonds Oct 2032 Term TIPS ETF (NYSEARCA:IBII) Short Interest Update

iShares iBonds Oct 2032 Term TIPS ETF (NYSEARCA:IBII) was the recipient of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 11,241 shares, an increase of 19.0% from the February 12th total of 9,443 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average daily volume of 18,752 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily volume of 18,752 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.9% of the company’s stock are short sold.

iShares iBonds Oct 2032 Term TIPS ETF Stock Up 0.4%

IBII stock traded up $0.11 during midday trading on Tuesday, reaching $26.21. 4,139 shares of the company were exchanged, compared to its average volume of 8,248. iShares iBonds Oct 2032 Term TIPS ETF has a 1-year low of $24.82 and a 1-year high of $26.56. The stock’s 50-day simple moving average is $25.97 and its 200 day simple moving average is $26.07.

Institutional Investors Weigh In On iShares iBonds Oct 2032 Term TIPS ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Osaic Holdings Inc. boosted its stake in iShares iBonds Oct 2032 Term TIPS ETF by 74.1% in the second quarter. Osaic Holdings Inc. now owns 1,088 shares of the company’s stock valued at $28,000 after acquiring an additional 463 shares in the last quarter. CENTRAL TRUST Co acquired a new stake in shares of iShares iBonds Oct 2032 Term TIPS ETF in the 3rd quarter valued at about $50,000. Jane Street Group LLC purchased a new position in iShares iBonds Oct 2032 Term TIPS ETF during the 4th quarter worth approximately $251,000. Bradley & Co. Private Wealth Management LLC grew its stake in 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 worth $358,000 after buying an additional 10,638 shares during the last quarter. Finally, Citadel Advisors LLC acquired a new position in iShares iBonds Oct 2032 Term TIPS ETF during the third quarter worth approximately $1,645,000. 0.16% of the stock is owned by hedge funds and other institutional investors.

About iShares iBonds Oct 2032 Term TIPS ETF

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.