SPDR FTSE International Government Inflation-Protected Bond ETF (NYSEARCA:WIP) Sees Large Decline in Short Interest

SPDR FTSE International Government Inflation-Protected Bond ETF (NYSEARCA:WIP) was the recipient of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 40,087 shares, a drop of 49.4% from the May 31st total of 79,242 shares. Based on an average daily trading volume, of 213,883 shares, the short-interest ratio is currently 0.2 days. Approximately 0.3% of the shares of the company are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Bristlecone Value Partners LLC acquired a new stake in SPDR FTSE International Government Inflation-Protected Bond ETF in the fourth quarter valued at about $448,000. Ameriprise Financial Inc. increased its position in SPDR FTSE International Government Inflation-Protected Bond ETF by 13.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 82,684 shares of the company’s stock worth $3,243,000 after purchasing an additional 9,861 shares during the period. Adalta Capital Management LLC acquired a new position in SPDR FTSE International Government Inflation-Protected Bond ETF during the 1st quarter worth approximately $238,000. LBJ Family Wealth Advisors Ltd. raised its stake in shares of SPDR FTSE International Government Inflation-Protected Bond ETF by 1.1% during the 4th quarter. LBJ Family Wealth Advisors Ltd. now owns 249,050 shares of the company’s stock worth $9,810,000 after buying an additional 2,623 shares in the last quarter. Finally, eCIO Inc. purchased a new position in shares of SPDR FTSE International Government Inflation-Protected Bond ETF during the 4th quarter worth approximately $58,000.

SPDR FTSE International Government Inflation-Protected Bond ETF Price Performance

Shares of WIP opened at $39.31 on Tuesday. SPDR FTSE International Government Inflation-Protected Bond ETF has a 1 year low of $38.13 and a 1 year high of $41.69. The company’s fifty day moving average is $40.15 and its two-hundred day moving average is $40.10.

About SPDR FTSE International Government Inflation-Protected Bond ETF

The SPDR FTSE International Government Inflation-Protected Bond ETF (WIP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of inflation-linked government bonds from non-US developed nations as well as emerging market countries. WIP was launched on Mar 13, 2008 and is managed by State Street.