iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) Short Interest Up 165.5% in March

iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) was the target of a significant growth in short interest during the month of March. As of March 31st, there was short interest totaling 7,615 shares, a growth of 165.5% from the March 15th total of 2,868 shares. Based on an average daily trading volume, of 4,440 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.4% of the shares of the company are sold short.

iShares iBonds Oct 2033 Term TIPS ETF Price Performance

NYSEARCA:IBIJ opened at $26.07 on Friday. The business has a fifty day simple moving average of $26.12 and a two-hundred day simple moving average of $26.13. iShares iBonds Oct 2033 Term TIPS ETF has a 1 year low of $24.77 and a 1 year high of $26.68.

Institutional Investors Weigh In On iShares iBonds Oct 2033 Term TIPS ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Quantum Financial Advisors LLC increased its stake in shares of iShares iBonds Oct 2033 Term TIPS ETF by 2.2% in the 4th quarter. Quantum Financial Advisors LLC now owns 131,761 shares of the company’s stock worth $3,406,000 after purchasing an additional 2,866 shares in the last quarter. Jim Saulnier & Associates LLC increased its stake in shares of iShares iBonds Oct 2033 Term TIPS ETF by 2.7% in the 3rd quarter. Jim Saulnier & Associates LLC now owns 45,223 shares of the company’s stock worth $1,193,000 after purchasing an additional 1,176 shares in the last quarter. Jane Street Group LLC increased its stake in shares of iShares iBonds Oct 2033 Term TIPS ETF by 55.1% in the 1st quarter. Jane Street Group LLC now owns 39,863 shares of the company’s stock worth $1,041,000 after purchasing an additional 14,168 shares in the last quarter. Flow Traders U.S. LLC increased its stake in shares of iShares iBonds Oct 2033 Term TIPS ETF by 16.0% in 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 in the last quarter. Finally, Bradley & Co. Private Wealth Management LLC purchased a new stake in shares of iShares iBonds Oct 2033 Term TIPS ETF in the 3rd quarter worth $279,000.

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.