Short Interest in SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) Declines By 46.2%

SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) was the target of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 220,024 shares, a drop of 46.2% from the August 15th total of 408,996 shares. Based on an average daily volume of 299,161 shares, the short-interest ratio is presently 0.7 days. Currently, 0.2% of the company’s stock are short sold.

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

Large investors have recently bought and sold shares of the business. Geneos Wealth Management Inc. bought a new position in SPDR Bloomberg 1-10 Year TIPS ETF during the 1st quarter valued at about $35,000. Integrated Wealth Concepts LLC bought a new stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF in the second quarter worth approximately $45,000. Turtle Creek Wealth Advisors LLC purchased a new position in shares of SPDR Bloomberg 1-10 Year TIPS ETF during the first quarter valued at approximately $53,000. Brown Lisle Cummings Inc. raised its holdings in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 359.9% during the second quarter. Brown Lisle Cummings Inc. now owns 4,433 shares of the company’s stock valued at $84,000 after purchasing an additional 3,469 shares during the last quarter. Finally, Western Wealth Management LLC bought a new position in SPDR Bloomberg 1-10 Year TIPS ETF during the first quarter valued at approximately $119,000.

SPDR Bloomberg 1-10 Year TIPS ETF Stock Down 0.4%

Shares of SPDR Bloomberg 1-10 Year TIPS ETF stock traded down $0.08 on Wednesday, reaching $18.34. The company’s stock had a trading volume of 319,375 shares, compared to its average volume of 373,310. SPDR Bloomberg 1-10 Year TIPS ETF has a 52 week low of $18.34 and a 52 week high of $19.41. The firm’s fifty day simple moving average is $18.64 and its two-hundred day simple moving average is $18.96.

SPDR Bloomberg 1-10 Year TIPS ETF Company Profile

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.