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

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

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Adventist Health System Sunbelt Healthcare Corp grew its stake in iShares 0-5 Year TIPS Bond ETF by 113.7% in the first quarter. Adventist Health System Sunbelt Healthcare Corp now owns 1,560,200 shares of the company’s stock worth $161,371,000 after purchasing an additional 830,200 shares in the last quarter. SB Capital Management Inc acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the fourth quarter valued at approximately $36,983,000. Capital Advantage Inc. bought a new position in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth approximately $26,438,000. SoundView Advisors Inc. bought a new position in iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth approximately $21,528,000. Finally, Coldstream Capital Management Inc. lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 871.0% during the 4th quarter. Coldstream Capital Management Inc. now owns 222,052 shares of the company’s stock worth $22,736,000 after buying an additional 199,184 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP stock traded down $0.28 during mid-day trading on Wednesday, reaching $100.01. The company’s stock had a trading volume of 1,692,765 shares, compared to its average volume of 1,168,929. The company’s 50 day simple moving average is $100.93 and its 200-day simple moving average is $102.31. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $100.01 and a 12-month high of $104.16.

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.