iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Short Interest Up 30.3% in January

iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) saw a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 2,966,539 shares, a growth of 30.3% from the January 15th total of 2,275,839 shares. Based on an average daily volume of 1,659,115 shares, the days-to-cover ratio is currently 1.8 days. Approximately 2.3% of the company’s stock are short sold. Approximately 2.3% of the company’s stock are short sold. Based on an average daily volume of 1,659,115 shares, the days-to-cover ratio is currently 1.8 days.

iShares 0-5 Year TIPS Bond ETF Stock Performance

NYSEARCA STIP traded down $0.11 during mid-day trading on Tuesday, hitting $102.90. The company’s stock had a trading volume of 471,007 shares, compared to its average volume of 1,481,439. The company’s 50 day simple moving average is $102.60 and its 200 day simple moving average 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.

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

Large investors have recently added to or reduced their stakes in the business. LGT Financial Advisors LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 2nd quarter valued at $26,000. Rossmore Private Capital bought a new position in iShares 0-5 Year TIPS Bond ETF during the third quarter valued at about $26,000. Chapman Financial Group LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF during the second quarter worth about $26,000. IFC & Insurance Marketing Inc. bought a new stake in iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth about $27,000. Finally, Caldwell Trust Co purchased a new position in iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at about $29,000.

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.