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

iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totaling 1,772,820 shares, an increase of 114.3% from the September 15th total of 827,161 shares. Based on an average daily volume of 1,542,365 shares, the short-interest ratio is presently 1.1 days. Currently, 1.1% of the shares of the stock are sold short.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of NYSEARCA STIP traded down $0.08 during mid-day trading on Tuesday, reaching $100.10. The company’s stock had a trading volume of 521,731 shares, compared to its average volume of 1,174,841. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $99.56 and a 1-year high of $104.16. The stock has a 50-day moving average of $100.42 and a two-hundred day moving average of $101.86.

Hedge Funds Weigh In On iShares 0-5 Year TIPS Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Modera Wealth Management LLC raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 7.2% in the first quarter. Modera Wealth Management LLC now owns 2,442,854 shares of the company’s stock valued at $252,664,000 after acquiring an additional 163,586 shares in the last quarter. Ritholtz Wealth Management increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 6.8% in the 1st quarter. Ritholtz Wealth Management now owns 2,409,803 shares of the company’s stock valued at $249,246,000 after acquiring an additional 153,948 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 77.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,995,879 shares of the company’s stock worth $203,899,000 after buying an additional 870,609 shares during the last quarter. Adventist Health System Sunbelt Healthcare Corp boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 113.7% in the 1st quarter. Adventist Health System Sunbelt Healthcare Corp now owns 1,560,200 shares of the company’s stock valued at $161,371,000 after buying an additional 830,200 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 9.4% in the second quarter. Wealthcare Advisory Partners LLC now owns 1,322,733 shares of the company’s stock valued at $135,130,000 after acquiring an additional 113,391 shares during the last quarter.

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.