iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Short Interest Up 214.8% in February

iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) saw a large increase in short interest in February. As of February 13th, there was short interest totaling 9,338,294 shares, an increase of 214.8% from the January 29th total of 2,966,539 shares. Based on an average daily trading volume, of 1,882,270 shares, the days-to-cover ratio is currently 5.0 days. Currently, 7.4% of the shares of the stock are sold short. Currently, 7.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,882,270 shares, the days-to-cover ratio is currently 5.0 days.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of iShares 0-5 Year TIPS Bond ETF stock traded up $0.11 during trading on Friday, hitting $103.32. 597,966 shares of the company’s stock traded hands, compared to its average volume of 1,346,299. The firm’s fifty day moving average price is $102.68 and its 200 day moving average price is $103.00. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $101.67 and a twelve month high of $103.93.

Institutional Investors Weigh In On iShares 0-5 Year TIPS Bond ETF

Several large investors have recently modified their holdings of STIP. Transcend Capital Advisors LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth approximately $313,000. Austin Private Wealth LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF during the second quarter worth $2,246,000. Quaker Wealth Management LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 200.0% during the second quarter. Quaker Wealth Management LLC now owns 420 shares of the company’s stock valued at $43,000 after acquiring an additional 840 shares during the period. Migdal Insurance & Financial Holdings Ltd. boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 93.8% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,240 shares of the company’s stock valued at $128,000 after purchasing an additional 600 shares in the last quarter. Finally, Mayflower Financial Advisors LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 45.8% in the 2nd quarter. Mayflower Financial Advisors LLC now owns 5,794 shares of the company’s stock valued at $596,000 after purchasing an additional 1,820 shares in the last quarter.

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.