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

SPDR FTSE International Government Inflation-Protected Bond ETF (NYSEARCA:WIP) was the recipient of a large growth in short interest in August. As of August 14th, there was short interest totaling 116,992 shares, a growth of 136.5% from the July 30th total of 49,473 shares. Currently, 1.0% of the company’s shares are sold short. Based on an average daily trading volume, of 33,824 shares, the short-interest ratio is presently 3.5 days.

SPDR FTSE International Government Inflation-Protected Bond ETF Stock Performance

Shares of NYSEARCA:WIP traded down $0.21 during mid-day trading on Friday, hitting $39.58. The company had a trading volume of 83,290 shares, compared to its average volume of 104,314. The firm has a fifty day moving average price of $39.27 and a 200 day moving average price of $39.92. SPDR FTSE International Government Inflation-Protected Bond ETF has a one year low of $38.13 and a one year high of $41.69.

Institutional Investors Weigh In On SPDR FTSE International Government Inflation-Protected Bond ETF

Large investors have recently bought and sold shares of the stock. Oarsman Capital Inc. bought a new stake in SPDR FTSE International Government Inflation-Protected Bond ETF in the second quarter valued at $24,856,000. Adalta Capital Management LLC acquired a new position in shares of SPDR FTSE International Government Inflation-Protected Bond ETF during the first quarter valued at about $238,000. Ameriprise Financial Inc. boosted its position in shares of 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 in the last quarter. Bristlecone Value Partners LLC bought a new position in shares of SPDR FTSE International Government Inflation-Protected Bond ETF during the 4th quarter worth about $448,000. Finally, Cary Street Partners Financial LLC grew its stake in shares of SPDR FTSE International Government Inflation-Protected Bond ETF by 0.3% in the 4th quarter. Cary Street Partners Financial LLC now owns 137,415 shares of the company’s stock valued at $5,413,000 after buying an additional 450 shares during the period.

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.