iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Shares Shorted: Short Interest Up 114.3% in September

iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 1,772,820 shares, an increase of 114.3% from the September 15th total of 827,161 shares. Based on an average daily trading volume, of 1,542,365 shares, the days-to-cover ratio is presently 1.1 days. Currently, 1.1% of the company’s stock are sold short.

Institutional Trading of iShares 0-5 Year TIPS Bond ETF

Several large investors have recently bought and sold shares of the company. Beacon Financial Strategies CORP acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth approximately $38,000. Retirement Wealth Solutions LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 197.6% in the 2nd quarter. Retirement Wealth Solutions LLC now owns 372 shares of the company’s stock worth $38,000 after purchasing an additional 247 shares during the last quarter. Signature Resources Capital Management LLC boosted its position in iShares 0-5 Year TIPS Bond ETF by 43.0% during the 1st quarter. Signature Resources Capital Management LLC now owns 941 shares of the company’s stock valued at $97,000 after purchasing an additional 283 shares during the period. JFS Wealth Advisors LLC boosted its position in iShares 0-5 Year TIPS Bond ETF by 6,393.8% during the 2nd quarter. JFS Wealth Advisors LLC now owns 1,039 shares of the company’s stock valued at $106,000 after purchasing an additional 1,023 shares during the period. Finally, Horizons Wealth Management bought a new position in iShares 0-5 Year TIPS Bond ETF during the 3rd quarter worth $106,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of NYSEARCA:STIP traded up $0.15 during mid-day trading on Wednesday, hitting $100.25. 896,221 shares of the company traded hands, compared to its average volume of 1,176,891. The firm’s 50 day simple moving average is $100.41 and its 200 day simple moving average is $101.84. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $99.56 and a 52-week high of $104.16.

About iShares 0-5 Year TIPS Bond ETF

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.