SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) Short Interest Up 196.5% in December

SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totaling 144,598 shares, a growth of 196.5% from the November 30th total of 48,775 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average trading volume of 168,999 shares, the short-interest ratio is presently 0.9 days. Based on an average trading volume of 168,999 shares, the short-interest ratio is presently 0.9 days. Currently, 0.4% of the shares of the stock are short sold.

Institutional Investors Weigh In On SPDR Portfolio TIPS ETF

Large investors have recently modified their holdings of the company. Simplex Trading LLC acquired a new position in SPDR Portfolio TIPS ETF in the second quarter valued at $31,000. CIBC Private Wealth Group LLC lifted its stake in shares of SPDR Portfolio TIPS ETF by 69.3% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,375 shares of the company’s stock valued at $36,000 after purchasing an additional 563 shares during the period. Atlantic Union Bankshares Corp acquired a new position in shares of SPDR Portfolio TIPS ETF in the 2nd quarter valued at about $45,000. Beacon Capital Management Inc. bought a new stake in shares of SPDR Portfolio TIPS ETF during the 2nd quarter valued at about $54,000. Finally, Morgan Dempsey Capital Management LLC boosted its position in shares of SPDR Portfolio TIPS ETF by 117.7% during the 2nd quarter. Morgan Dempsey Capital Management LLC now owns 3,130 shares of the company’s stock valued at $82,000 after purchasing an additional 1,692 shares in the last quarter.

SPDR Portfolio TIPS ETF Price Performance

SPIP opened at $25.98 on Friday. The business’s fifty day moving average is $26.20 and its 200-day moving average is $26.15. SPDR Portfolio TIPS ETF has a 52-week low of $25.20 and a 52-week high of $26.58.

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.