iShares iBonds Oct 2032 Term TIPS ETF (NYSEARCA:IBII) Short Interest Down 66.3% in July

iShares iBonds Oct 2032 Term TIPS ETF (NYSEARCA:IBII) saw a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 15,632 shares, a decline of 66.3% from the June 30th total of 46,439 shares. Currently, 0.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 13,609 shares, the days-to-cover ratio is presently 1.1 days.

iShares iBonds Oct 2032 Term TIPS ETF Stock Up 0.0%

Shares of IBII opened at $25.22 on Friday. iShares iBonds Oct 2032 Term TIPS ETF has a 1 year low of $25.20 and a 1 year high of $26.56. The stock has a 50 day simple moving average of $25.75 and a two-hundred day simple moving average of $25.91.

Institutional Investors Weigh In On iShares iBonds Oct 2032 Term TIPS ETF

Hedge funds have recently made changes to their positions in the business. Osaic Holdings Inc. grew its holdings in shares of iShares iBonds Oct 2032 Term TIPS ETF by 74.1% during the 2nd quarter. Osaic Holdings Inc. now owns 1,088 shares of the company’s stock valued at $28,000 after purchasing an additional 463 shares during the last quarter. Jane Street Group LLC bought a new stake in iShares iBonds Oct 2032 Term TIPS ETF in the fourth quarter worth $251,000. 4Thought Financial Group Inc. purchased a new stake in iShares iBonds Oct 2032 Term TIPS ETF during the first quarter valued at about $351,000. Yoder Wealth Management Inc. boosted its position in iShares iBonds Oct 2032 Term TIPS ETF by 69.8% during the first quarter. Yoder Wealth Management Inc. now owns 14,600 shares of the company’s stock valued at $378,000 after buying an additional 6,000 shares during the period. Finally, CENTRAL TRUST Co increased its holdings in shares of iShares iBonds Oct 2032 Term TIPS ETF by 1,882.2% in the fourth quarter. CENTRAL TRUST Co now owns 37,662 shares of the company’s stock worth $969,000 after buying an additional 35,762 shares during the period. 0.16% of the stock is currently owned by institutional investors.

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.