iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Stock Short Interest Climbs 114.3%

iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 1,772,820 shares, a growth of 114.3% from the September 15th total of 827,161 shares. Currently, 1.1% of the company’s shares are sold short. Based on an average trading volume of 1,542,365 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Trading of iShares 0-5 Year TIPS Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of STIP. Modera Wealth Management LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 7.2% in the 1st quarter. Modera Wealth Management LLC now owns 2,442,854 shares of the company’s stock worth $252,664,000 after acquiring an additional 163,586 shares in the last quarter. Ritholtz Wealth Management raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 6.8% during the 1st quarter. Ritholtz Wealth Management now owns 2,409,803 shares of the company’s stock valued at $249,246,000 after acquiring an additional 153,948 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 77.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,995,879 shares of the company’s stock valued at $203,899,000 after acquiring an additional 870,609 shares in the last quarter. Adventist Health System Sunbelt Healthcare Corp raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 113.7% during the 1st quarter. Adventist Health System Sunbelt Healthcare Corp now owns 1,560,200 shares of the company’s stock valued at $161,371,000 after acquiring an additional 830,200 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 9.4% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 1,322,733 shares of the company’s stock valued at $135,130,000 after acquiring an additional 113,391 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of NYSEARCA STIP traded up $0.16 during midday trading on Thursday, hitting $100.39. The stock had a trading volume of 346,018 shares, compared to its average volume of 1,173,191. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $99.56 and a 1-year high of $104.16. The company has a fifty day moving average price of $100.41 and a 200 day moving average price of $101.82.

iShares 0-5 Year TIPS Bond ETF Company Profile

The iShares 0-5 Year TIPS Bond ETF (STIP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US Treasury Inflation-Protected Securities (TIPS) with a remaining maturity of less than 5 years. STIP was launched on Dec 1, 2010 and is managed by BlackRock.