Short Interest in SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) Decreases By 50.9%

SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totaling 122,310 shares, a decline of 50.9% from the May 31st total of 249,118 shares. Based on an average daily trading volume, of 365,373 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On SPDR Bloomberg 1-10 Year TIPS ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Treasure Coast Financial Planning grew its holdings in SPDR Bloomberg 1-10 Year TIPS ETF by 6.1% during the 4th quarter. Treasure Coast Financial Planning now owns 563,890 shares of the company’s stock valued at $10,761,000 after buying an additional 32,211 shares in the last quarter. Foundations Investment Advisors LLC boosted its holdings in SPDR Bloomberg 1-10 Year TIPS ETF by 77.9% during the 4th quarter. Foundations Investment Advisors LLC now owns 120,907 shares of the company’s stock valued at $2,307,000 after acquiring an additional 52,940 shares during the period. Austin Private Wealth LLC lifted its holdings in SPDR Bloomberg 1-10 Year TIPS ETF by 14.3% during the 4th quarter. Austin Private Wealth LLC now owns 234,456 shares of the company’s stock valued at $4,473,000 after buying an additional 29,305 shares in the last quarter. Hibernia Wealth Partners LLC increased its holdings in SPDR Bloomberg 1-10 Year TIPS ETF by 105.2% during the 4th quarter. Hibernia Wealth Partners LLC now owns 177,310 shares of the company’s stock worth $3,383,000 after purchasing an additional 90,884 shares during the period. Finally, Brio Consultants LLC grew its holdings in SPDR Bloomberg 1-10 Year TIPS ETF by 6.5% during the 4th quarter. Brio Consultants LLC now owns 946,670 shares of the company’s stock worth $18,062,000 after acquiring an additional 58,106 shares in the last quarter.

SPDR Bloomberg 1-10 Year TIPS ETF Trading Up 0.3%

NYSEARCA TIPX traded up $0.05 during trading hours on Thursday, reaching $18.77. 395,827 shares of the stock traded hands, compared to its average volume of 383,340. The stock has a 50 day simple moving average of $19.08 and a two-hundred day simple moving average of $19.15. SPDR Bloomberg 1-10 Year TIPS ETF has a 1 year low of $18.72 and a 1 year high of $19.41.

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.