iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Sees Large Decline in Short Interest

iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totaling 453,689 shares, a decline of 74.4% from the September 30th total of 1,772,820 shares. Based on an average daily volume of 969,222 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.3% of the shares of the company are short sold.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Atlatl Advisers LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 0.4% in the 3rd quarter. Atlatl Advisers LLC now owns 25,334 shares of the company’s stock valued at $2,526,000 after acquiring an additional 106 shares during the last quarter. Buttonwood Financial Group LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 1.8% in the 2nd quarter. Buttonwood Financial Group LLC now owns 6,001 shares of the company’s stock worth $613,000 after purchasing an additional 108 shares in the last quarter. United Asset Strategies Inc. lifted its stake in iShares 0-5 Year TIPS Bond ETF by 1.8% during the first quarter. United Asset Strategies Inc. now owns 6,594 shares of the company’s stock valued at $682,000 after purchasing an additional 119 shares during the last quarter. Chicago Partners Investment Group LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 0.4% during the first quarter. Chicago Partners Investment Group LLC now owns 29,739 shares of the company’s stock worth $3,085,000 after buying an additional 122 shares in the last quarter. Finally, Affinity Capital Advisors LLC grew its position in iShares 0-5 Year TIPS Bond ETF by 3.2% in the third quarter. Affinity Capital Advisors LLC now owns 3,937 shares of the company’s stock worth $394,000 after buying an additional 122 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.1%

Shares of STIP stock traded up $0.10 during midday trading on Wednesday, reaching $100.91. 695,720 shares of the company were exchanged, compared to its average volume of 1,165,913. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $99.56 and a 12 month high of $104.16. The company’s 50 day moving average price is $100.40 and its two-hundred day moving average price is $102.07.

About iShares 0-5 Year TIPS Bond ETF

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.