SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) Sees Large Increase in Short Interest

SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) saw a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 222,244 shares, a growth of 47.0% from the January 29th total of 151,231 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 190,957 shares, the days-to-cover ratio is currently 1.2 days. Based on an average trading volume of 190,957 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.2% of the company’s shares are sold short.

SPDR Bloomberg 1-10 Year TIPS ETF Trading Up 0.2%

TIPX traded up $0.03 during trading on Friday, hitting $19.35. 127,464 shares of the stock were exchanged, compared to its average volume of 238,340. The firm has a 50 day simple moving average of $19.16 and a 200 day simple moving average of $19.22. SPDR Bloomberg 1-10 Year TIPS ETF has a 1 year low of $18.65 and a 1 year high of $19.41.

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

Hedge funds and other institutional investors have recently bought and sold shares of the business. Cetera Investment Advisers grew its holdings in SPDR Bloomberg 1-10 Year TIPS ETF by 6.3% during the 2nd quarter. Cetera Investment Advisers now owns 126,654 shares of the company’s stock valued at $2,424,000 after purchasing an additional 7,452 shares in the last quarter. Silver Oak Securities Incorporated acquired a new position in shares of SPDR Bloomberg 1-10 Year TIPS ETF in the 3rd quarter worth approximately $2,184,000. Retireful LLC bought a new stake in SPDR Bloomberg 1-10 Year TIPS ETF during the third quarter valued at $583,000. Global Retirement Partners LLC bought a new stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF during the 2nd quarter valued at about $371,000. Finally, ST Germain D J Co. Inc. raised its position in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 5.2% during the 3rd quarter. ST Germain D J Co. Inc. now owns 1,294,836 shares of the company’s stock worth $24,977,000 after purchasing an additional 64,514 shares during the period.

About SPDR Bloomberg 1-10 Year TIPS ETF

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.