SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) Short Interest Update

SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) was the target of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 122,310 shares, a decrease of 50.9% from the May 31st total of 249,118 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 365,373 shares, the days-to-cover ratio is currently 0.3 days.

SPDR Bloomberg 1-10 Year TIPS ETF Price Performance

SPDR Bloomberg 1-10 Year TIPS ETF stock traded down $0.21 during trading on Wednesday, reaching $18.72. The company had a trading volume of 595,688 shares, compared to its average volume of 383,280. The firm’s 50-day simple moving average is $19.09 and its 200 day simple moving average is $19.15. SPDR Bloomberg 1-10 Year TIPS ETF has a 1-year low of $18.72 and a 1-year high of $19.41.

Institutional Trading of SPDR Bloomberg 1-10 Year TIPS ETF

Several institutional investors have recently modified their holdings of TIPX. Geneos Wealth Management Inc. purchased a new stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF during the first quarter worth about $35,000. Qube Research & Technologies Ltd lifted its stake 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 buying an additional 1,953 shares in the last quarter. Ballast Advisors LLC acquired a new stake in SPDR Bloomberg 1-10 Year TIPS ETF in the 3rd quarter worth about $43,000. Turtle Creek Wealth Advisors LLC acquired a new stake in SPDR Bloomberg 1-10 Year TIPS ETF in the 1st quarter worth about $53,000. Finally, PNC Financial Services Group Inc. increased its stake in SPDR Bloomberg 1-10 Year TIPS ETF by 34.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,846 shares of the company’s stock worth $112,000 after buying an additional 1,489 shares in the last quarter.

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.