iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) Sees Significant Increase in Short Interest

iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 9,145 shares, an increase of 383.9% from the May 31st total of 1,890 shares. Based on an average daily trading volume, of 8,230 shares, the short-interest ratio is presently 1.1 days. Approximately 0.5% of the shares of the company are short sold.

iShares iBonds Oct 2033 Term TIPS ETF Stock Performance

Shares of IBIJ opened at $26.16 on Monday. The stock has a 50 day moving average of $26.15 and a 200-day moving average of $26.09. iShares iBonds Oct 2033 Term TIPS ETF has a 52 week low of $25.59 and a 52 week high of $26.68.

Hedge Funds Weigh In On iShares iBonds Oct 2033 Term TIPS ETF

Large investors have recently added to or reduced their stakes in the company. Quantum Financial Advisors LLC increased its stake in iShares iBonds Oct 2033 Term TIPS ETF by 2.2% during the fourth quarter. Quantum Financial Advisors LLC now owns 131,761 shares of the company’s stock valued at $3,406,000 after purchasing an additional 2,866 shares during the last quarter. Jane Street Group LLC lifted its position 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 buying an additional 14,168 shares during the last quarter. Flow Traders U.S. LLC lifted its position 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 buying an additional 3,630 shares during the last quarter. 4Thought Financial Group Inc. bought a new position in shares of iShares iBonds Oct 2033 Term TIPS ETF in the 1st quarter worth about $350,000. Finally, Bradley & Co. Private Wealth Management LLC acquired a new position in shares of iShares iBonds Oct 2033 Term TIPS ETF in the 3rd quarter valued at about $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.