iShares iBonds Oct 2032 Term TIPS ETF (NYSEARCA:IBII) Short Interest Update

iShares iBonds Oct 2032 Term TIPS ETF (NYSEARCA:IBII) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 6,459 shares, an increase of 23.0% from the December 15th total of 5,253 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily volume of 8,288 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily volume of 8,288 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.6% of the company’s stock are short sold.

iShares iBonds Oct 2032 Term TIPS ETF Trading Down 0.3%

IBII stock opened at $25.68 on Wednesday. The company has a 50 day moving average of $25.95 and a two-hundred day moving average of $26.05. iShares iBonds Oct 2032 Term TIPS ETF has a 12-month low of $24.82 and a 12-month high of $26.56.

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.