iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Short Interest Update

iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 674,955 shares, an increase of 80.9% from the August 15th total of 373,027 shares. Based on an average daily volume of 917,109 shares, the short-interest ratio is presently 0.7 days. Currently, 0.4% of the shares of the stock are short sold.

iShares 0-5 Year TIPS Bond ETF Price Performance

STIP stock traded up $0.12 during trading on Thursday, reaching $100.13. 860,476 shares of the company were exchanged, compared to its average volume of 1,167,219. The company has a 50-day moving average of $100.88 and a two-hundred day moving average of $102.27. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $100.01 and a twelve month high of $104.16.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of STIP. Kestra Investment Management LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 13.2% in the fourth quarter. Kestra Investment Management LLC now owns 206,700 shares of the company’s stock valued at $21,164,000 after purchasing an additional 24,177 shares during the last quarter. Stadion Money Management LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 43.8% during the fourth quarter. Stadion Money Management LLC now owns 180,229 shares of the company’s stock worth $18,454,000 after purchasing an additional 54,867 shares during the last quarter. Gould Asset Management LLC CA grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 35.3% during the fourth quarter. Gould Asset Management LLC CA now owns 407,264 shares of the company’s stock worth $41,700,000 after purchasing an additional 106,266 shares during the last quarter. Bridge Generations Wealth Management LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 345.9% during the fourth quarter. Bridge Generations Wealth Management LLC now owns 14,894 shares of the company’s stock worth $1,525,000 after purchasing an additional 11,554 shares during the last quarter. Finally, WealthPLAN Partners LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at approximately $572,000.

iShares 0-5 Year TIPS Bond ETF Company Profile

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.