iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Short Interest Up 111.6% in June

iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 521,798 shares, an increase of 111.6% from the May 31st total of 246,623 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 1,015,270 shares, the short-interest ratio is presently 0.5 days.

iShares 0-5 Year TIPS Bond ETF Trading Down 1.0%

Shares of NYSEARCA STIP traded down $1.03 during trading on Wednesday, reaching $101.13. The company had a trading volume of 1,619,497 shares, compared to its average volume of 1,286,880. The company’s fifty day moving average price is $103.02 and its 200-day moving average price is $102.97. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $101.11 and a 12 month high of $104.16.

Institutional Trading of iShares 0-5 Year TIPS Bond ETF

Several institutional investors have recently added to or reduced their stakes in the stock. BIP Wealth LLC grew its holdings 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 acquiring an additional 6,861 shares during the period. Maseco LLP raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 6.7% in the 4th quarter. Maseco LLP now owns 733,508 shares of the company’s stock worth $75,100,000 after acquiring an additional 46,249 shares in the last quarter. Brooklyn FI LLC lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 27.7% in the 4th quarter. Brooklyn FI LLC now owns 34,664 shares of the company’s stock valued at $3,549,000 after purchasing an additional 7,529 shares during the period. Investment Partners Asset Management Inc. lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 35.7% in the 4th quarter. Investment Partners Asset Management Inc. now owns 26,606 shares of the company’s stock valued at $2,724,000 after purchasing an additional 6,996 shares during the period. Finally, Farther Finance Advisors LLC boosted its position in shares of 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 valued at $75,618,000 after purchasing an additional 293,986 shares in the last quarter.

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.