SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) Short Interest Down 55.7% in April

SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) was the target of a significant decline in short interest in April. As of April 30th, there was short interest totaling 402,013 shares, a decline 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. Approximately 0.4% of the shares of the company are sold short.

Institutional Trading of SPDR Bloomberg 1-10 Year TIPS ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Geneos Wealth Management Inc. acquired a new position in SPDR Bloomberg 1-10 Year TIPS ETF in the 1st quarter valued at about $35,000. Qube Research & Technologies Ltd increased its position in 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 acquiring an additional 1,953 shares during the period. Ballast Advisors LLC acquired a new position in SPDR Bloomberg 1-10 Year TIPS ETF in the 3rd quarter valued at about $43,000. Jones Financial Companies Lllp increased its position 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 acquired a new position in SPDR Bloomberg 1-10 Year TIPS ETF in the 1st quarter valued at about $53,000.

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

Shares of TIPX traded down $0.06 during midday trading on Friday, reaching $19.16. 226,682 shares of the stock were exchanged, compared to its average volume of 330,633. The business’s 50-day moving average price is $19.23 and its 200 day moving average price is $19.20. SPDR Bloomberg 1-10 Year TIPS ETF has a twelve month low of $18.85 and a twelve month high of $19.41.

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.