SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) Short Interest Update

SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) saw a large decrease in short interest in April. As of April 30th, there was short interest totaling 402,013 shares, a decrease of 55.7% from the April 15th total of 907,855 shares. Based on an average daily volume of 271,209 shares, the short-interest ratio is presently 1.5 days. Currently, 0.4% of the company’s stock are short sold.

SPDR Bloomberg 1-10 Year TIPS ETF Trading Down 0.3%

Shares of SPDR Bloomberg 1-10 Year TIPS ETF stock traded down $0.06 on Friday, reaching $19.16. 226,682 shares of the company were exchanged, compared to its average volume of 330,633. SPDR Bloomberg 1-10 Year TIPS ETF has a one year low of $18.85 and a one year high of $19.41. The company has a 50-day moving average of $19.23 and a 200 day moving average of $19.20.

Institutional Investors Weigh In On SPDR Bloomberg 1-10 Year TIPS ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Geneos Wealth Management Inc. bought a new stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF in the 1st quarter valued at about $35,000. Qube Research & Technologies Ltd raised its holdings in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 943.5% in the 3rd quarter. Qube Research & Technologies Ltd now owns 2,160 shares of the company’s stock valued at $42,000 after purchasing an additional 1,953 shares during the period. Ballast Advisors LLC bought a new stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF in the 3rd quarter valued at about $43,000. Jones Financial Companies Lllp raised its stake in SPDR Bloomberg 1-10 Year TIPS ETF by 62.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 2,529 shares of the company’s stock valued at $49,000 after acquiring an additional 973 shares during the period. Finally, Turtle Creek Wealth Advisors LLC bought a new stake in SPDR Bloomberg 1-10 Year TIPS ETF in the 1st quarter valued at $53,000.

About SPDR Bloomberg 1-10 Year TIPS ETF

The SPDR Bloomberg 1-10 Year TIPS ETF (TIPX) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of 1-10 years US Treasury Inflation-Protected Securities (TIPS). TIPX was launched on May 29, 2013 and is managed by State Street.