Short Interest in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) Drops By 31.8%

SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) saw a large decline in short interest in December. As of December 31st, there was short interest totaling 98,575 shares, a decline of 31.8% from the December 15th total of 144,598 shares. Based on an average daily volume of 143,841 shares, the short-interest ratio is presently 0.7 days. Currently, 0.3% of the shares of the stock are sold short. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 143,841 shares, the short-interest ratio is presently 0.7 days.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. ERn Financial LLC boosted its position in SPDR Portfolio TIPS ETF by 11.4% during the fourth quarter. ERn Financial LLC now owns 345,832 shares of the company’s stock valued at $8,974,000 after purchasing an additional 35,433 shares during the last quarter. Global View Capital Management LLC grew its stake in shares of SPDR Portfolio TIPS ETF by 4.9% in the fourth quarter. Global View Capital Management LLC now owns 40,452 shares of the company’s stock valued at $1,050,000 after buying an additional 1,879 shares in the last quarter. Flagstar Advisors Inc. increased its holdings in SPDR Portfolio TIPS ETF by 32.0% during the fourth quarter. Flagstar Advisors Inc. now owns 24,335 shares of the company’s stock worth $631,000 after buying an additional 5,899 shares during the last quarter. KWB Wealth raised its position in SPDR Portfolio TIPS ETF by 24.5% during the fourth quarter. KWB Wealth now owns 24,703 shares of the company’s stock worth $641,000 after acquiring an additional 4,854 shares in the last quarter. Finally, Charles Schwab Trust Co lifted its stake in SPDR Portfolio TIPS ETF by 6.3% in the fourth quarter. Charles Schwab Trust Co now owns 36,708 shares of the company’s stock valued at $953,000 after acquiring an additional 2,170 shares during the last quarter.

SPDR Portfolio TIPS ETF Trading Down 0.2%

SPIP stock traded down $0.07 during trading on Friday, hitting $25.99. 196,566 shares of the stock traded hands, compared to its average volume of 302,668. SPDR Portfolio TIPS ETF has a one year low of $25.22 and a one year high of $26.58. The company has a 50 day simple moving average of $26.09 and a 200 day simple moving average of $26.16.

SPDR Portfolio TIPS ETF Company Profile

The SPDR Portfolio TIPS ETF (SPIP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of inflation-protected US Treasurys with a remaining maturity of at least one year. SPIP was launched on May 25, 2007 and is managed by State Street.