iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Sees Large Growth in Short Interest

iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) was the recipient of a significant growth in short interest in June. As of June 15th, there was short interest totaling 521,798 shares, a growth of 111.6% from the May 31st total of 246,623 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 1,015,270 shares, the short-interest ratio is presently 0.5 days.

iShares 0-5 Year TIPS Bond ETF Trading Down 1.0%

iShares 0-5 Year TIPS Bond ETF stock opened at $101.13 on Thursday. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $101.11 and a 52-week high of $104.16. The company’s 50 day moving average is $102.97 and its two-hundred day moving average is $102.96.

Institutional Trading of iShares 0-5 Year TIPS Bond ETF

A number of large investors have recently modified their holdings of the stock. Blue Edge Capital LLC grew its stake in iShares 0-5 Year TIPS Bond ETF by 2.4% during the 3rd quarter. Blue Edge Capital LLC now owns 4,798 shares of the company’s stock worth $496,000 after purchasing an additional 112 shares in the last quarter. Parallel Advisors LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 16.0% in the 3rd quarter. Parallel Advisors LLC now owns 811 shares of the company’s stock valued at $84,000 after purchasing an additional 112 shares in the last quarter. BWM Planning LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 2.0% in the 4th quarter. BWM Planning LLC now owns 5,899 shares of the company’s stock valued at $604,000 after purchasing an additional 118 shares in the last quarter. United Asset Strategies Inc. boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 1.8% in the 1st quarter. United Asset Strategies Inc. now owns 6,594 shares of the company’s stock valued at $682,000 after buying an additional 119 shares during the period. Finally, Breakwater Capital Group boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 0.4% in the 1st quarter. Breakwater Capital Group now owns 28,642 shares of the company’s stock valued at $2,962,000 after buying an additional 120 shares during the period.

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.