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

iShares iBonds Oct 2032 Term TIPS ETF (NYSEARCA:IBII) was the recipient of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 35,468 shares, a decrease of 47.1% from the September 30th total of 67,050 shares. Approximately 1.1% of the shares of the company are short sold. Based on an average trading volume of 58,645 shares, the short-interest ratio is currently 0.6 days.

Hedge Funds Weigh In On iShares iBonds Oct 2032 Term TIPS ETF

Large investors have recently modified their holdings of the company. Quantum Financial Advisors LLC grew its stake in iShares iBonds Oct 2032 Term TIPS ETF by 604.4% during the second quarter. Quantum Financial Advisors LLC now owns 214,029 shares of the company’s stock valued at $5,565,000 after acquiring an additional 183,646 shares in the last quarter. Whitener Capital Management Inc. purchased a new stake in shares of iShares iBonds Oct 2032 Term TIPS ETF in the 3rd quarter valued at about $608,000. MBL Wealth LLC bought a new stake in shares of iShares iBonds Oct 2032 Term TIPS ETF during the 3rd quarter valued at about $8,528,000. Bradley & Co. Private Wealth Management LLC boosted its position in shares of iShares iBonds Oct 2032 Term TIPS ETF by 22.7% during the 3rd quarter. Bradley & Co. Private Wealth Management LLC now owns 30,936 shares of the company’s stock valued at $759,000 after acquiring an additional 5,729 shares during the last quarter. Finally, Magnus Financial Group LLC bought a new stake in shares of iShares iBonds Oct 2032 Term TIPS ETF during the 3rd quarter valued at about $330,000. 0.16% of the stock is currently owned by institutional investors.

iShares iBonds Oct 2032 Term TIPS ETF Stock Performance

IBII traded up $0.13 during trading on Friday, reaching $25.09. 165,545 shares of the company were exchanged, compared to its average volume of 23,262. The company’s 50-day moving average is $24.86 and its two-hundred day moving average is $25.59. iShares iBonds Oct 2032 Term TIPS ETF has a 12-month low of $24.37 and a 12-month high of $26.28.

iShares iBonds Oct 2032 Term TIPS ETF Company Profile

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.