iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) Short Interest Down 48.4% in May

iShares iBonds Oct 2033 Term TIPS ETF (NYSEARCA:IBIJ) was the recipient of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 1,890 shares, a decrease of 48.4% from the May 14th total of 3,660 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 8,016 shares, the short-interest ratio is presently 0.2 days.

iShares iBonds Oct 2033 Term TIPS ETF Price Performance

Shares of NYSEARCA IBIJ opened at $26.17 on Tuesday. The firm has a fifty day moving average price of $26.16 and a 200-day moving average price of $26.10. iShares iBonds Oct 2033 Term TIPS ETF has a 1 year low of $25.59 and a 1 year high of $26.68.

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

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. 4Thought Financial Group Inc. bought a new position in shares of iShares iBonds Oct 2033 Term TIPS ETF during the first quarter worth $350,000. Jane Street Group LLC bought a new position in shares of iShares iBonds Oct 2033 Term TIPS ETF during the fourth quarter worth $533,000. Quantum Financial Advisors LLC boosted its position in shares of 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 worth $3,406,000 after acquiring an additional 2,866 shares during the last quarter. Flow Traders U.S. LLC boosted its position in shares of iShares iBonds Oct 2033 Term TIPS ETF by 16.0% during the third quarter. Flow Traders U.S. LLC now owns 26,275 shares of the company’s stock worth $693,000 after acquiring an additional 3,630 shares during the last quarter. Finally, Bradley & Co. Private Wealth Management LLC bought a new position in shares of iShares iBonds Oct 2033 Term TIPS ETF during the third 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.