Short Interest in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) Expands By 42.1%

SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) saw a significant growth in short interest in February. As of February 27th, there was short interest totaling 116,534 shares, a growth of 42.1% from the February 12th total of 82,021 shares. Based on an average trading volume of 128,963 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.3% of the company’s stock are sold short. Currently, 0.3% of the company’s stock are sold short. Based on an average trading volume of 128,963 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Trading of SPDR Portfolio TIPS ETF

Large investors have recently modified their holdings of the business. Jones Financial Companies Lllp grew its stake in SPDR Portfolio TIPS ETF by 36.5% during the 1st quarter. Jones Financial Companies Lllp now owns 8,310 shares of the company’s stock valued at $219,000 after purchasing an additional 2,220 shares in the last quarter. Jane Street Group LLC increased its stake in shares of SPDR Portfolio TIPS ETF by 267.0% in the first quarter. Jane Street Group LLC now owns 80,284 shares of the company’s stock worth $2,118,000 after buying an additional 58,406 shares during the last quarter. Simplex Trading LLC bought a new stake in shares of SPDR Portfolio TIPS ETF in the second quarter worth $31,000. AE Wealth Management LLC raised its holdings in SPDR Portfolio TIPS ETF by 854.3% in the second quarter. AE Wealth Management LLC now owns 8,388 shares of the company’s stock valued at $219,000 after acquiring an additional 7,509 shares in the last quarter. Finally, Vise Technologies Inc. bought a new position in SPDR Portfolio TIPS ETF during the 2nd quarter valued at $481,000.

SPDR Portfolio TIPS ETF Trading Down 0.2%

Shares of SPIP traded down $0.05 during mid-day trading on Friday, reaching $26.10. 146,267 shares of the stock traded hands, compared to its average volume of 257,422. The stock has a fifty day simple moving average of $26.14 and a 200 day simple moving average of $26.21. SPDR Portfolio TIPS ETF has a 12-month low of $25.22 and a 12-month high of $26.58.

SPDR Portfolio TIPS ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a $0.0106 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 0.5%.

About SPDR Portfolio TIPS ETF

The SPDR Portfolio TIPS ETF (SPIP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of inflation-protected US Treasurys with a remaining maturity of at least one year. SPIP was launched on May 25, 2007 and is managed by State Street.