iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) Sees Large Decrease in Short Interest

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. Based on an average trading volume of 36,376 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the company’s shares are sold short.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Burkett Financial Services LLC bought a new position in iShares iBonds Oct 2033 Term TIPS ETF in the third quarter valued at $159,000. 4Thought Financial Group Inc. bought a new stake in iShares iBonds Oct 2033 Term TIPS ETF during the 1st quarter worth about $350,000. Quantum Financial Advisors LLC boosted its stake in shares of iShares iBonds Oct 2033 Term TIPS ETF by 52.1% during the 2nd quarter. Quantum Financial Advisors LLC now owns 24,736 shares of the company’s stock worth $645,000 after buying an additional 8,472 shares during the last quarter. Bradley & Co. Private Wealth Management LLC boosted its stake in shares of iShares iBonds Oct 2033 Term TIPS ETF by 25.0% during the 3rd quarter. Bradley & Co. Private Wealth Management LLC now owns 27,675 shares of the company’s stock worth $676,000 after buying an additional 5,535 shares during the last quarter. Finally, Citadel Advisors LLC boosted its stake in shares of iShares iBonds Oct 2033 Term TIPS ETF by 36.1% during the 2nd quarter. Citadel Advisors LLC now owns 27,713 shares of the company’s stock worth $723,000 after buying an additional 7,346 shares during the last quarter.

iShares iBonds Oct 2033 Term TIPS ETF Stock Up 0.0%

NYSEARCA IBIJ traded up $0.01 during trading on Wednesday, reaching $24.82. 16,080 shares of the stock traded hands, compared to its average volume of 13,319. iShares iBonds Oct 2033 Term TIPS ETF has a fifty-two week low of $24.23 and a fifty-two week high of $26.45. The stock’s 50-day moving average price is $24.82 and its 200 day moving average price is $25.65.

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.