iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) Short Interest Up 60.1% in December

iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 6,187 shares, an increase of 60.1% from the December 15th total of 3,865 shares. Based on an average daily volume of 7,212 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.4% of the shares of the company are short sold. Approximately 0.4% of the shares of the company are short sold. Based on an average daily volume of 7,212 shares, the days-to-cover ratio is currently 0.9 days.

iShares iBonds Oct 2033 Term TIPS ETF Price Performance

Shares of IBIJ opened at $25.85 on Friday. iShares iBonds Oct 2033 Term TIPS ETF has a 1 year low of $24.77 and a 1 year high of $28.20. The company’s fifty day moving average is $26.09 and its two-hundred day moving average is $26.12.

Hedge Funds Weigh In On iShares iBonds Oct 2033 Term TIPS ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Jane Street Group LLC boosted its stake in shares of iShares iBonds Oct 2033 Term TIPS ETF by 55.1% in the first quarter. Jane Street Group LLC now owns 39,863 shares of the company’s stock valued at $1,041,000 after buying an additional 14,168 shares in the last quarter. Bradley & Co. Private Wealth Management LLC acquired a new stake in iShares iBonds Oct 2033 Term TIPS ETF in the third quarter valued at $279,000. Mendota Financial Group LLC acquired a new position in shares of iShares iBonds Oct 2033 Term TIPS ETF during the 3rd quarter worth $121,000. Flow Traders U.S. LLC grew its stake in shares of iShares iBonds Oct 2033 Term TIPS ETF by 16.0% during the 3rd quarter. Flow Traders U.S. LLC now owns 26,275 shares of the company’s stock worth $693,000 after purchasing an additional 3,630 shares during the period. Finally, Quantum Financial Advisors LLC increased its holdings in shares of iShares iBonds Oct 2033 Term TIPS ETF by 2.9% in the 2nd quarter. Quantum Financial Advisors LLC now owns 126,878 shares of the company’s stock valued at $3,317,000 after purchasing an additional 3,579 shares in the last quarter.

iShares iBonds Oct 2033 Term TIPS ETF Company Profile

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.