iShares iBonds Oct 2032 Term TIPS ETF (NYSEARCA:IBII) Sees Large Decrease in Short Interest

iShares iBonds Oct 2032 Term TIPS ETF (NYSEARCA:IBII) saw a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 3,340 shares, a decrease of 65.7% from the April 30th total of 9,730 shares. Based on an average daily volume of 8,676 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the company’s shares are sold short.

iShares iBonds Oct 2032 Term TIPS ETF Stock Up 0.0%

Shares of NYSEARCA:IBII traded up $0.01 during trading on Friday, hitting $26.16. 6,761 shares of the company’s stock were exchanged, compared to its average volume of 9,366. iShares iBonds Oct 2032 Term TIPS ETF has a 1-year low of $25.53 and a 1-year high of $26.56. The firm has a 50-day moving average price of $26.02 and a two-hundred day moving average price of $26.00.

Institutional Trading of iShares iBonds Oct 2032 Term TIPS ETF

A number of institutional investors have recently bought and sold shares of IBII. Osaic Holdings Inc. raised its position in shares of iShares iBonds Oct 2032 Term TIPS ETF by 74.1% during the 2nd quarter. Osaic Holdings Inc. now owns 1,088 shares of the company’s stock valued at $28,000 after acquiring an additional 463 shares during the last quarter. CENTRAL TRUST Co acquired a new stake in shares of iShares iBonds Oct 2032 Term TIPS ETF during the third quarter worth $50,000. Jane Street Group LLC bought a new stake in iShares iBonds Oct 2032 Term TIPS ETF in the fourth quarter valued at about $251,000. 4Thought Financial Group Inc. bought a new stake in iShares iBonds Oct 2032 Term TIPS ETF in the first quarter valued at about $351,000. Finally, Bradley & Co. Private Wealth Management LLC lifted its stake in iShares iBonds Oct 2032 Term TIPS ETF by 357.6% in the third quarter. Bradley & Co. Private Wealth Management LLC now owns 13,613 shares of the company’s stock valued at $358,000 after buying an additional 10,638 shares during the period. Institutional investors and hedge funds own 0.16% of the company’s stock.

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.