Short Interest in SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) Drops By 21.8%

SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) was the recipient of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 356,575 shares, a decrease of 21.8% from the December 31st total of 455,889 shares. Based on an average trading volume of 407,534 shares, the short-interest ratio is currently 0.9 days. Approximately 0.4% of the company’s shares are short sold. Approximately 0.4% of the company’s shares are short sold. Based on an average trading volume of 407,534 shares, the short-interest ratio is currently 0.9 days.

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

Several institutional investors and hedge funds have recently modified their holdings of TIPX. Truist Financial Corp increased its stake in SPDR Bloomberg 1-10 Year TIPS ETF by 1.1% during the fourth quarter. Truist Financial Corp now owns 55,781 shares of the company’s stock worth $1,064,000 after purchasing an additional 624 shares during the period. Capital Wealth Management LLC lifted its stake in SPDR Bloomberg 1-10 Year TIPS ETF by 26.6% in the fourth quarter. Capital Wealth Management LLC now owns 57,232 shares of the company’s stock worth $1,092,000 after acquiring an additional 12,035 shares during the last quarter. Sigma Planning Corp lifted its position in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 10.0% during the 4th quarter. Sigma Planning Corp now owns 18,886 shares of the company’s stock worth $360,000 after purchasing an additional 1,716 shares during the last quarter. RCW Management LLC purchased a new stake in SPDR Bloomberg 1-10 Year TIPS ETF during the 4th quarter worth about $263,000. Finally, Simplicity Wealth LLC lifted its stake in SPDR Bloomberg 1-10 Year TIPS ETF by 8.6% during the fourth quarter. Simplicity Wealth LLC now owns 44,260 shares of the company’s stock worth $844,000 after purchasing an additional 3,505 shares during the last quarter.

SPDR Bloomberg 1-10 Year TIPS ETF Stock Performance

Shares of NYSEARCA TIPX traded down $0.04 during mid-day trading on Monday, reaching $19.15. 115,640 shares of the company’s stock were exchanged, compared to its average volume of 287,059. SPDR Bloomberg 1-10 Year TIPS ETF has a 52-week low of $18.65 and a 52-week high of $19.41. The company’s 50-day moving average is $19.13 and its 200-day moving average is $19.21.

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.