Short Interest in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Decreases By 47.7%

iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIPGet Free Report) saw a large decrease in short interest in April. As of April 30th, there was short interest totaling 194,160 shares, a decrease of 47.7% from the April 15th total of 371,262 shares. Based on an average trading volume of 1,019,459 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

iShares 0-5 Year TIPS Bond ETF Stock Down 0.0%

NYSEARCA STIP traded down $0.05 during trading hours on Friday, hitting $103.56. 1,261,436 shares of the company’s stock traded hands, compared to its average volume of 1,340,123. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $101.98 and a 52-week high of $104.16. The firm’s 50-day moving average is $103.52 and its 200-day moving average is $103.03.

Institutional Trading of iShares 0-5 Year TIPS Bond ETF

Several hedge funds have recently made changes to their positions in STIP. Rossmore Private Capital purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at approximately $26,000. Chapman Financial Group LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter valued at approximately $26,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at approximately $27,000. Caldwell Trust Co purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at approximately $29,000. Finally, Kingdom Financial Group LLC. acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter worth approximately $29,000.

About iShares 0-5 Year TIPS Bond ETF

(Get Free Report)

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.

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