SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) Shares Shorted: Short Interest Up 67.6% in October

SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) saw a significant increase in short interest in October. As of October 15th, there was short interest totaling 269,770 shares, an increase of 67.6% from the September 30th total of 160,990 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 530,221 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Rosenberg Matthew Hamilton purchased a new stake in SPDR Bloomberg 1-10 Year TIPS ETF during the third quarter valued at approximately $28,000. Geneos Wealth Management Inc. purchased a new position in shares of SPDR Bloomberg 1-10 Year TIPS ETF in the 1st quarter worth approximately $35,000. Integrated Wealth Concepts LLC bought a new position in shares of SPDR Bloomberg 1-10 Year TIPS ETF during the 2nd quarter valued at approximately $45,000. Turtle Creek Wealth Advisors LLC purchased a new stake in SPDR Bloomberg 1-10 Year TIPS ETF during the 1st quarter valued at $53,000. Finally, Mather Group LLC. purchased a new stake in SPDR Bloomberg 1-10 Year TIPS ETF during the 3rd quarter valued at $71,000.

SPDR Bloomberg 1-10 Year TIPS ETF Stock Performance

TIPX stock opened at $18.55 on Monday. SPDR Bloomberg 1-10 Year TIPS ETF has a 52 week low of $18.16 and a 52 week high of $19.37. The company has a fifty day simple moving average of $18.41 and a two-hundred day simple moving average of $18.89.

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.