SPDR FTSE International Government Inflation-Protected Bond ETF (NYSEARCA:WIP) Sees Large Decline in Short Interest

SPDR FTSE International Government Inflation-Protected Bond ETF (NYSEARCA:WIP) was the recipient of a large drop in short interest in June. As of June 15th, there was short interest totaling 40,087 shares, a drop of 49.4% from the May 31st total of 79,242 shares. Based on an average daily volume of 213,883 shares, the short-interest ratio is currently 0.2 days. Approximately 0.3% of the shares of the stock are sold short.

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

Several hedge funds have recently added to or reduced their stakes in WIP. eCIO Inc. acquired a new position in SPDR FTSE International Government Inflation-Protected Bond ETF during the fourth quarter worth about $58,000. Adalta Capital Management LLC purchased a new stake in shares of SPDR FTSE International Government Inflation-Protected Bond ETF during the first quarter worth about $238,000. Bristlecone Value Partners LLC purchased a new stake in SPDR FTSE International Government Inflation-Protected Bond ETF in the 4th quarter worth approximately $448,000. Ameriprise Financial Inc. grew its position in shares of SPDR FTSE International Government Inflation-Protected Bond ETF by 13.5% in the third quarter. Ameriprise Financial Inc. now owns 82,684 shares of the company’s stock valued at $3,243,000 after purchasing an additional 9,861 shares during the period. Finally, Cary Street Partners Financial LLC increased its stake in shares of SPDR FTSE International Government Inflation-Protected Bond ETF by 0.3% during the 4th quarter. Cary Street Partners Financial LLC now owns 137,415 shares of the company’s stock valued at $5,413,000 after acquiring an additional 450 shares during the last quarter.

SPDR FTSE International Government Inflation-Protected Bond ETF Stock Performance

WIP opened at $39.31 on Tuesday. The business’s fifty day moving average is $40.15 and its two-hundred day moving average is $40.10. SPDR FTSE International Government Inflation-Protected Bond ETF has a one year low of $38.13 and a one year high of $41.69.

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.