iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Short Interest Up 410.0% in May

iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) was the target of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 990,248 shares, a growth of 410.0% from the April 30th total of 194,160 shares. Based on an average daily volume of 1,015,144 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.7% of the company’s shares are sold short.

Institutional Trading of iShares 0-5 Year TIPS Bond ETF

A number of institutional investors have recently modified their holdings of the company. BIP Wealth LLC grew its stake in iShares 0-5 Year TIPS Bond ETF by 4.9% during the 4th quarter. BIP Wealth LLC now owns 146,607 shares of the company’s stock worth $15,011,000 after buying an additional 6,861 shares during the last quarter. Brooklyn FI LLC grew its stake in iShares 0-5 Year TIPS Bond ETF by 27.7% during the 4th quarter. Brooklyn FI LLC now owns 34,664 shares of the company’s stock worth $3,549,000 after buying an additional 7,529 shares during the last quarter. Farther Finance Advisors LLC grew its stake in iShares 0-5 Year TIPS Bond ETF by 66.1% during the 4th quarter. Farther Finance Advisors LLC now owns 738,524 shares of the company’s stock worth $75,618,000 after buying an additional 293,986 shares during the last quarter. Maseco LLP grew its stake in iShares 0-5 Year TIPS Bond ETF by 6.7% during the 4th quarter. Maseco LLP now owns 733,508 shares of the company’s stock worth $75,100,000 after buying an additional 46,249 shares during the last quarter. Finally, Ethos Capital Management Inc. bought a new position in iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth $11,128,000.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.0%

Shares of NYSEARCA:STIP traded up $0.05 during trading on Friday, reaching $103.67. 2,234,264 shares of the stock were exchanged, compared to its average volume of 1,334,979. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $101.98 and a 12-month high of $104.16. The firm’s 50-day moving average price is $103.52 and its 200 day moving average price is $103.06.

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.