iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) Stock Short Interest Falls 91.6%

iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) was the recipient of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 5,814 shares, a decline of 91.6% from the September 30th total of 69,221 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 36,376 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Burkett Financial Services LLC acquired a new position in shares of iShares iBonds Oct 2033 Term TIPS ETF during the 3rd quarter valued at $159,000. 4Thought Financial Group Inc. purchased a new stake in shares of iShares iBonds Oct 2033 Term TIPS ETF in the first quarter valued at $350,000. Quantum Financial Advisors LLC increased its holdings in shares of iShares iBonds Oct 2033 Term TIPS ETF by 52.1% in the 2nd quarter. Quantum Financial Advisors LLC now owns 24,736 shares of the company’s stock valued at $645,000 after purchasing an additional 8,472 shares during the period. Bradley & Co. Private Wealth Management LLC raised its holdings in shares of iShares iBonds Oct 2033 Term TIPS ETF by 25.0% during the third quarter. Bradley & Co. Private Wealth Management LLC now owns 27,675 shares of the company’s stock worth $676,000 after acquiring an additional 5,535 shares in the last quarter. Finally, Citadel Advisors LLC grew its stake in iShares iBonds Oct 2033 Term TIPS ETF by 36.1% in the second quarter. Citadel Advisors LLC now owns 27,713 shares of the company’s stock valued at $723,000 after purchasing an additional 7,346 shares in the last quarter.

iShares iBonds Oct 2033 Term TIPS ETF Stock Performance

IBIJ stock traded up $0.01 on Monday, reaching $24.82. The company’s stock had a trading volume of 43,087 shares, compared to its average volume of 13,239. iShares iBonds Oct 2033 Term TIPS ETF has a 52 week low of $24.23 and a 52 week high of $26.45. The firm has a fifty day moving average of $24.83 and a two-hundred day moving average of $25.48.

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.