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

SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) was the recipient of a large growth in short interest in March. As of March 13th, there was short interest totaling 305,492 shares, a growth of 40.2% from the February 26th total of 217,945 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 257,073 shares, the short-interest ratio is presently 1.2 days.

SPDR Bloomberg 1-10 Year TIPS ETF Stock Performance

SPDR Bloomberg 1-10 Year TIPS ETF stock traded up $0.01 during mid-day trading on Friday, reaching $19.10. 258,617 shares of the company’s stock were exchanged, compared to its average volume of 256,482. SPDR Bloomberg 1-10 Year TIPS ETF has a one year low of $18.65 and a one year high of $19.41. The business’s fifty day simple moving average is $19.21 and its 200 day simple moving average is $19.21.

SPDR Bloomberg 1-10 Year TIPS ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a dividend of $0.011 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 0.7%.

Institutional Trading of SPDR Bloomberg 1-10 Year TIPS ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Qube Research & Technologies Ltd grew its stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 943.5% during the third 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 during the last quarter. Ballast Advisors LLC bought a new position in SPDR Bloomberg 1-10 Year TIPS ETF during the 3rd quarter worth approximately $43,000. Jones Financial Companies Lllp lifted its position in SPDR Bloomberg 1-10 Year TIPS ETF by 62.5% in the third quarter. Jones Financial Companies Lllp now owns 2,529 shares of the company’s stock valued at $49,000 after purchasing an additional 973 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 34.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,846 shares of the company’s stock valued at $112,000 after purchasing an additional 1,489 shares during the period. Finally, Scotia Capital Inc. bought a new position in shares of SPDR Bloomberg 1-10 Year TIPS ETF in the third quarter worth approximately $193,000.

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.