SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) Short Interest Down 77.3% in April

SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) saw a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 27,867 shares, a decrease of 77.3% from the April 15th total of 122,819 shares. Based on an average trading volume of 145,652 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

SPDR Portfolio TIPS ETF Trading Up 0.1%

NYSEARCA:SPIP traded up $0.02 during midday trading on Wednesday, reaching $26.05. 231,835 shares of the stock traded hands, compared to its average volume of 263,205. SPDR Portfolio TIPS ETF has a 12-month low of $25.57 and a 12-month high of $26.58. The business has a 50-day moving average of $26.11 and a two-hundred day moving average of $26.13.

Institutional Investors Weigh In On SPDR Portfolio TIPS ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. CWM LLC lifted its position in SPDR Portfolio TIPS ETF by 15.4% during the fourth quarter. CWM LLC now owns 4,085,211 shares of the company’s stock valued at $106,011,000 after acquiring an additional 543,940 shares during the last quarter. State Street Corp lifted its position in SPDR Portfolio TIPS ETF by 114.9% during the second quarter. State Street Corp now owns 3,783,799 shares of the company’s stock valued at $98,606,000 after acquiring an additional 2,022,696 shares during the last quarter. Cannon Financial Strategists Inc. raised its holdings in shares of SPDR Portfolio TIPS ETF by 4.7% in the fourth quarter. Cannon Financial Strategists Inc. now owns 1,048,771 shares of the company’s stock worth $27,216,000 after buying an additional 47,036 shares during the last quarter. Hughes Financial Services LLC lifted its stake in shares of SPDR Portfolio TIPS ETF by 9.6% during the fourth quarter. Hughes Financial Services LLC now owns 715,589 shares of the company’s stock worth $18,570,000 after buying an additional 62,930 shares during the period. Finally, Willow Creek Wealth Management Inc. lifted its stake in shares of SPDR Portfolio TIPS ETF by 1.8% during the third quarter. Willow Creek Wealth Management Inc. now owns 620,526 shares of the company’s stock worth $16,329,000 after buying an additional 11,003 shares during the period.

About SPDR Portfolio TIPS ETF

The SPDR Portfolio TIPS ETF (SPIP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of inflation-protected US Treasurys with a remaining maturity of at least one year. SPIP was launched on May 25, 2007 and is managed by State Street.