Short Interest in SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) Drops By 21.8%

SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) was the target of a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 356,575 shares, a drop of 21.8% from the December 31st total of 455,889 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily trading volume, of 407,534 shares, the short-interest ratio is presently 0.9 days. Based on an average daily trading volume, of 407,534 shares, the short-interest ratio is presently 0.9 days. Currently, 0.4% of the company’s shares are short sold.

Hedge Funds Weigh In On SPDR Bloomberg 1-10 Year TIPS ETF

Hedge funds have recently modified their holdings of the business. Balboa Wealth Partners lifted its position in SPDR Bloomberg 1-10 Year TIPS ETF by 2.9% in the fourth quarter. Balboa Wealth Partners now owns 19,297 shares of the company’s stock valued at $368,000 after buying an additional 535 shares during the last quarter. McNamara Financial Services Inc. raised its stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 0.8% in the 2nd quarter. McNamara Financial Services Inc. now owns 64,444 shares of the company’s stock valued at $1,233,000 after acquiring an additional 536 shares during the period. Signal Advisors Wealth LLC lifted its holdings in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 2.4% in the 4th quarter. Signal Advisors Wealth LLC now owns 23,061 shares of the company’s stock worth $440,000 after acquiring an additional 544 shares during the last quarter. Brookstone Capital Management boosted its position in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 1.1% during the 4th quarter. Brookstone Capital Management now owns 54,962 shares of the company’s stock worth $1,049,000 after purchasing an additional 607 shares during the period. Finally, Truist Financial Corp increased its holdings in SPDR Bloomberg 1-10 Year TIPS ETF by 1.1% in the 4th quarter. Truist Financial Corp now owns 55,781 shares of the company’s stock valued at $1,064,000 after purchasing an additional 624 shares during the last quarter.

SPDR Bloomberg 1-10 Year TIPS ETF Trading Up 0.0%

TIPX traded up $0.01 during trading hours on Tuesday, reaching $19.16. The company’s stock had a trading volume of 52,017 shares, compared to its average volume of 276,178. SPDR Bloomberg 1-10 Year TIPS ETF has a fifty-two week low of $18.65 and a fifty-two week high of $19.41. The business’s 50-day moving average is $19.13 and its 200-day moving average is $19.21.

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.