iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) Stock Short Interest Falls 91.6%

iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) saw a significant drop in short interest in October. As of October 15th, there was short interest totaling 5,814 shares, a drop of 91.6% from the September 30th total of 69,221 shares. Based on an average daily trading volume, of 36,376 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the company’s stock are short sold.

iShares iBonds Oct 2033 Term TIPS ETF Stock Performance

Shares of IBIJ traded up $0.01 during trading hours on Monday, hitting $24.82. 43,087 shares of the company were exchanged, compared to its average volume of 13,239. The firm’s 50 day moving average is $24.83 and its 200-day moving average is $25.48. iShares iBonds Oct 2033 Term TIPS ETF has a 52 week low of $24.23 and a 52 week high of $26.45.

Institutional Trading of iShares iBonds Oct 2033 Term TIPS ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Bradley & Co. Private Wealth Management LLC raised its holdings in iShares iBonds Oct 2033 Term TIPS ETF by 25.0% in the 3rd quarter. Bradley & Co. Private Wealth Management LLC now owns 27,675 shares of the company’s stock valued at $676,000 after acquiring an additional 5,535 shares in the last quarter. Burkett Financial Services LLC bought a new position in shares of iShares iBonds Oct 2033 Term TIPS ETF during the 3rd quarter worth about $159,000. Citadel Advisors LLC lifted its stake in iShares iBonds Oct 2033 Term TIPS ETF by 36.1% during the second quarter. Citadel Advisors LLC now owns 27,713 shares of the company’s stock worth $723,000 after purchasing an additional 7,346 shares during the period. Jim Saulnier & Associates LLC lifted its stake in iShares iBonds Oct 2033 Term TIPS ETF by 3.2% during the second quarter. Jim Saulnier & Associates LLC now owns 47,604 shares of the company’s stock worth $1,242,000 after purchasing an additional 1,478 shares during the period. Finally, Quantum Financial Advisors LLC boosted its holdings in iShares iBonds Oct 2033 Term TIPS ETF by 52.1% during the second quarter. Quantum Financial Advisors LLC now owns 24,736 shares of the company’s stock valued at $645,000 after purchasing an additional 8,472 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.