Short Interest in SPDR FTSE International Government Inflation-Protected Bond ETF (NYSEARCA:WIP) Declines By 73.3%

SPDR FTSE International Government Inflation-Protected Bond ETF (NYSEARCA:WIP) was the target of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 49,699 shares, a drop of 73.3% from the April 30th total of 186,332 shares. Based on an average daily volume of 185,834 shares, the short-interest ratio is presently 0.3 days. Currently, 0.4% of the company’s stock are sold short.

SPDR FTSE International Government Inflation-Protected Bond ETF Stock Performance

Shares of WIP stock traded down $0.13 during trading hours on Friday, hitting $40.69. 91,353 shares of the company were exchanged, compared to its average volume of 119,004. SPDR FTSE International Government Inflation-Protected Bond ETF has a one year low of $38.07 and a one year high of $41.69. The business’s 50-day simple moving average is $40.19 and its two-hundred day simple moving average is $39.99.

Hedge Funds Weigh In On SPDR FTSE International Government Inflation-Protected Bond ETF

Large investors have recently modified their holdings of the stock. eCIO Inc. bought a new position in shares of SPDR FTSE International Government Inflation-Protected Bond ETF during the fourth quarter worth about $58,000. Adalta Capital Management LLC bought a new position in shares of SPDR FTSE International Government Inflation-Protected Bond ETF during the first quarter worth about $238,000. Bristlecone Value Partners LLC bought a new position in shares of SPDR FTSE International Government Inflation-Protected Bond ETF during the fourth quarter worth about $448,000. Mount Lucas Management LP lifted its position in shares of SPDR FTSE International Government Inflation-Protected Bond ETF by 5.4% during the third quarter. Mount Lucas Management LP now owns 20,556 shares of the company’s stock worth $806,000 after purchasing an additional 1,055 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of SPDR FTSE International Government Inflation-Protected Bond ETF by 13.5% during the third quarter. Ameriprise Financial Inc. now owns 82,684 shares of the company’s stock worth $3,243,000 after purchasing an additional 9,861 shares during the last quarter.

About SPDR FTSE International Government Inflation-Protected Bond ETF

The SPDR FTSE International Government Inflation-Protected Bond ETF (WIP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of inflation-linked government bonds from non-US developed nations as well as emerging market countries. WIP was launched on Mar 13, 2008 and is managed by State Street.