iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Sees Large Increase in Short Interest

iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 1,772,820 shares, an increase of 114.3% from the September 15th total of 827,161 shares. Based on an average trading volume of 1,542,365 shares, the days-to-cover ratio is presently 1.1 days. Currently, 1.1% of the company’s stock are short sold.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of NYSEARCA:STIP traded down $0.08 during midday trading on Tuesday, reaching $100.10. The company had a trading volume of 521,731 shares, compared to its average volume of 1,174,841. The company’s 50 day moving average price is $100.42 and its 200 day moving average price is $101.86. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $99.56 and a 52-week high of $104.16.

Hedge Funds Weigh In On iShares 0-5 Year TIPS Bond ETF

Large investors have recently modified their holdings of the company. Modera Wealth Management LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 7.2% during the 1st quarter. Modera Wealth Management LLC now owns 2,442,854 shares of the company’s stock valued at $252,664,000 after buying an additional 163,586 shares in the last quarter. Ritholtz Wealth Management raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 6.8% in the first quarter. Ritholtz Wealth Management now owns 2,409,803 shares of the company’s stock worth $249,246,000 after buying an additional 153,948 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 77.4% during the second quarter. Envestnet Asset Management Inc. now owns 1,995,879 shares of the company’s stock valued at $203,899,000 after buying an additional 870,609 shares during the last quarter. Adventist Health System Sunbelt Healthcare Corp grew its stake in iShares 0-5 Year TIPS Bond ETF by 113.7% during the 1st quarter. Adventist Health System Sunbelt Healthcare Corp now owns 1,560,200 shares of the company’s stock valued at $161,371,000 after purchasing an additional 830,200 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 9.4% during the second quarter. Wealthcare Advisory Partners LLC now owns 1,322,733 shares of the company’s stock worth $135,130,000 after purchasing an additional 113,391 shares during the period.

iShares 0-5 Year TIPS Bond ETF Company Profile

The iShares 0-5 Year TIPS Bond ETF (STIP) 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 (TIPS) with a remaining maturity of less than 5 years. STIP was launched on Dec 1, 2010 and is managed by BlackRock.