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

iShares iBonds Oct 2032 Term TIPS ETF (NYSEARCA:IBII) saw a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 29,545 shares, a growth of 162.8% from the February 26th total of 11,241 shares. Based on an average trading volume of 5,386 shares, the short-interest ratio is presently 5.5 days. Approximately 2.5% of the shares of the stock are sold short. Approximately 2.5% of the shares of the stock are sold short. Based on an average trading volume of 5,386 shares, the short-interest ratio is presently 5.5 days.

iShares iBonds Oct 2032 Term TIPS ETF Stock Performance

Shares of NYSEARCA IBII traded up $0.07 during mid-day trading on Wednesday, reaching $25.82. The company had a trading volume of 7,790 shares, compared to its average volume of 8,181. The company has a 50-day moving average price of $25.99 and a two-hundred day moving average price of $26.06. iShares iBonds Oct 2032 Term TIPS ETF has a 1-year low of $24.82 and a 1-year high of $26.56.

Institutional Trading of iShares iBonds Oct 2032 Term TIPS ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Quantum Financial Advisors LLC boosted its holdings in shares of iShares iBonds Oct 2032 Term TIPS ETF by 8.7% in the fourth quarter. Quantum Financial Advisors LLC now owns 143,997 shares of the company’s stock worth $3,704,000 after buying an additional 11,544 shares during the period. Citadel Advisors LLC purchased a new stake in shares of iShares iBonds Oct 2032 Term TIPS ETF in the 3rd quarter valued at approximately $1,645,000. Jane Street Group LLC lifted its position in shares of iShares iBonds Oct 2032 Term TIPS ETF by 79.6% in the 1st quarter. Jane Street Group LLC now owns 41,022 shares of the company’s stock valued at $1,069,000 after acquiring an additional 18,184 shares in the last quarter. CENTRAL TRUST Co boosted its stake in iShares iBonds Oct 2032 Term TIPS ETF by 1,882.2% in the 4th quarter. CENTRAL TRUST Co now owns 37,662 shares of the company’s stock worth $969,000 after purchasing an additional 35,762 shares during the period. Finally, Bradley & Co. Private Wealth Management LLC boosted its stake in iShares iBonds Oct 2032 Term TIPS ETF by 357.6% in the 3rd quarter. Bradley & Co. Private Wealth Management LLC now owns 13,613 shares of the company’s stock worth $358,000 after purchasing 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.