iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) Short Interest Update

iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) was the recipient of a large decline in short interest in February. As of February 27th, there was short interest totaling 3,312 shares, a decline of 82.4% from the February 12th total of 18,850 shares. Based on an average daily volume of 18,561 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the company’s stock are short sold. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 18,561 shares, the days-to-cover ratio is presently 0.2 days.

iShares iBonds Oct 2033 Term TIPS ETF Stock Down 0.3%

IBIJ stock traded down $0.09 on Tuesday, reaching $26.27. 3,327 shares of the company traded hands, compared to its average volume of 7,870. The firm has a fifty day simple moving average of $26.06 and a 200-day simple moving average of $26.19. iShares iBonds Oct 2033 Term TIPS ETF has a one year low of $24.77 and a one year high of $28.20.

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

Several institutional investors and hedge funds have recently modified their holdings of the stock. CENTRAL TRUST Co purchased a new position in shares of iShares iBonds Oct 2033 Term TIPS ETF in the 3rd quarter worth about $50,000. Mendota Financial Group LLC purchased a new stake in iShares iBonds Oct 2033 Term TIPS ETF during the 3rd quarter valued at about $121,000. Bradley & Co. Private Wealth Management LLC purchased a new stake in iShares iBonds Oct 2033 Term TIPS ETF during the 3rd quarter valued at about $279,000. Jane Street Group LLC bought a new stake in iShares iBonds Oct 2033 Term TIPS ETF during the 4th quarter valued at about $533,000. Finally, Flow Traders U.S. LLC raised its holdings in iShares iBonds Oct 2033 Term TIPS ETF by 16.0% in the third quarter. Flow Traders U.S. LLC now owns 26,275 shares of the company’s stock worth $693,000 after buying an additional 3,630 shares during the last quarter.

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.