SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) Short Interest Down 55.7% in April

SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) saw a large decline in short interest in April. As of April 30th, there was short interest totaling 402,013 shares, a decline of 55.7% from the April 15th total of 907,855 shares. Based on an average daily volume of 271,209 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.4% of the shares of the company are short sold.

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

Several institutional investors have recently modified their holdings of the company. Balboa Wealth Partners boosted its stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 2.9% during the 4th quarter. Balboa Wealth Partners now owns 19,297 shares of the company’s stock worth $368,000 after acquiring an additional 535 shares in the last quarter. Signal Advisors Wealth LLC boosted its stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 2.4% during the 4th quarter. Signal Advisors Wealth LLC now owns 23,061 shares of the company’s stock worth $440,000 after acquiring an additional 544 shares in the last quarter. Brookstone Capital Management boosted its stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 1.1% during the 4th quarter. Brookstone Capital Management now owns 54,962 shares of the company’s stock worth $1,049,000 after acquiring an additional 607 shares in the last quarter. Truist Financial Corp boosted its stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 1.1% during the 4th quarter. Truist Financial Corp now owns 55,781 shares of the company’s stock worth $1,064,000 after acquiring an additional 624 shares in the last quarter. Finally, Breakwater Capital Group boosted its stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 2.0% during the 4th quarter. Breakwater Capital Group now owns 36,067 shares of the company’s stock worth $688,000 after acquiring an additional 692 shares in the last quarter.

SPDR Bloomberg 1-10 Year TIPS ETF Price Performance

Shares of NYSEARCA:TIPX traded down $0.06 during trading on Friday, hitting $19.16. 226,682 shares of the stock were exchanged, compared to its average volume of 330,633. The company has a fifty day moving average price of $19.23 and a two-hundred day moving average price of $19.20. SPDR Bloomberg 1-10 Year TIPS ETF has a 12-month low of $18.85 and a 12-month 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.