SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) Sees Large Increase in Short Interest

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

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

Several hedge funds have recently made changes to their positions in the company. Ashton Thomas Private Wealth LLC raised its position in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 3.7% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 28,245 shares of the company’s stock worth $514,000 after purchasing an additional 1,003 shares during the last quarter. Kestra Advisory Services LLC boosted its stake in SPDR Bloomberg 1-10 Year TIPS ETF by 7.0% during the 3rd quarter. Kestra Advisory Services LLC now owns 49,731 shares of the company’s stock valued at $906,000 after purchasing an additional 3,254 shares during the last quarter. Valtinson Bruner Financial Planning LLC boosted its stake in SPDR Bloomberg 1-10 Year TIPS ETF by 27.0% during the 3rd quarter. Valtinson Bruner Financial Planning LLC now owns 21,859 shares of the company’s stock valued at $398,000 after purchasing an additional 4,645 shares during the last quarter. Raleigh Capital Management Inc. increased its holdings in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 9.6% in the 3rd quarter. Raleigh Capital Management Inc. now owns 143,947 shares of the company’s stock worth $2,621,000 after purchasing an additional 12,658 shares in the last quarter. Finally, Lynx Investment Advisory increased its holdings in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 2.6% in the 3rd quarter. Lynx Investment Advisory now owns 162,325 shares of the company’s stock worth $2,956,000 after purchasing an additional 4,151 shares in the last quarter.

SPDR Bloomberg 1-10 Year TIPS ETF Stock Down 0.5%

SPDR Bloomberg 1-10 Year TIPS ETF stock opened at $18.46 on Tuesday. The stock’s 50 day simple moving average is $18.41 and its two-hundred day simple moving average is $18.89. SPDR Bloomberg 1-10 Year TIPS ETF has a fifty-two week low of $18.16 and a fifty-two week high of $19.37.

SPDR Bloomberg 1-10 Year TIPS ETF Company Profile

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.