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

SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) was the target of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 249,118 shares, an increase of 903.1% from the May 14th total of 24,835 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 334,158 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. State Street Corp raised its holdings in SPDR Bloomberg 1-10 Year TIPS ETF by 4.2% in the 4th quarter. State Street Corp now owns 55,696,115 shares of the company’s stock valued at $1,062,682,000 after buying an additional 2,231,794 shares during the last quarter. LPL Financial LLC raised its holdings in SPDR Bloomberg 1-10 Year TIPS ETF by 2.9% in the 4th quarter. LPL Financial LLC now owns 2,569,385 shares of the company’s stock valued at $49,024,000 after buying an additional 71,359 shares during the last quarter. ST Germain D J Co. Inc. raised its holdings in SPDR Bloomberg 1-10 Year TIPS ETF by 13.1% in the 4th quarter. ST Germain D J Co. Inc. now owns 1,464,107 shares of the company’s stock valued at $27,935,000 after buying an additional 169,271 shares during the last quarter. Bank of America Corp DE raised its holdings in SPDR Bloomberg 1-10 Year TIPS ETF by 334.8% in the 1st quarter. Bank of America Corp DE now owns 987,334 shares of the company’s stock valued at $18,947,000 after buying an additional 760,257 shares during the last quarter. Finally, Brio Consultants LLC raised its holdings in SPDR Bloomberg 1-10 Year TIPS ETF by 6.5% in the 4th quarter. Brio Consultants LLC now owns 946,670 shares of the company’s stock valued at $18,062,000 after buying an additional 58,106 shares during the last quarter.

SPDR Bloomberg 1-10 Year TIPS ETF Trading Up 0.2%

Shares of NYSEARCA TIPX opened at $18.95 on Friday. The company has a 50 day simple moving average of $19.17 and a 200 day simple moving average of $19.18. SPDR Bloomberg 1-10 Year TIPS ETF has a 1 year low of $18.90 and a 1 year high of $19.41.

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.