SPDR FTSE International Government Inflation-Protected Bond ETF (NYSEARCA:WIP) Short Interest Update
by Sarita Garza · The Markets DailySPDR FTSE International Government Inflation-Protected Bond ETF (NYSEARCA:WIP – Get Free Report) was the target of a significant drop in short interest in the month of March. As of March 31st, there was short interest totaling 29,142 shares, a drop of 74.3% from the March 15th total of 113,434 shares. Based on an average daily volume of 73,919 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the company’s shares are short sold.
Hedge Funds Weigh In On SPDR FTSE International Government Inflation-Protected Bond ETF
Several institutional investors have recently made changes to their positions in the company. Cary Street Partners Financial LLC increased its stake in shares of SPDR FTSE International Government Inflation-Protected Bond ETF by 0.3% during the fourth quarter. Cary Street Partners Financial LLC now owns 137,415 shares of the company’s stock valued at $5,413,000 after buying an additional 450 shares during the period. Mount Lucas Management LP increased its stake in shares of SPDR FTSE International Government Inflation-Protected Bond ETF by 5.4% during the third quarter. Mount Lucas Management LP now owns 20,556 shares of the company’s stock valued at $806,000 after buying an additional 1,055 shares during the period. eCIO Inc. purchased a new position in shares of SPDR FTSE International Government Inflation-Protected Bond ETF during the fourth quarter valued at $58,000. LBJ Family Wealth Advisors Ltd. increased its stake in shares of SPDR FTSE International Government Inflation-Protected Bond ETF by 1.1% during the fourth quarter. LBJ Family Wealth Advisors Ltd. now owns 249,050 shares of the company’s stock valued at $9,810,000 after buying an additional 2,623 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in shares of SPDR FTSE International Government Inflation-Protected Bond ETF by 13.5% during the third quarter. Ameriprise Financial Inc. now owns 82,684 shares of the company’s stock valued at $3,243,000 after buying an additional 9,861 shares during the period.
SPDR FTSE International Government Inflation-Protected Bond ETF Stock Performance
WIP stock traded down $0.07 during midday trading on Friday, reaching $40.42. The company’s stock had a trading volume of 660,267 shares, compared to its average volume of 120,985. The stock has a fifty day simple moving average of $40.26 and a two-hundred day simple moving average of $39.66. SPDR FTSE International Government Inflation-Protected Bond ETF has a 1 year low of $37.10 and a 1 year high of $41.49.
About SPDR FTSE International Government Inflation-Protected Bond ETF
The SPDR FTSE International Government Inflation-Protected Bond ETF (WIP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of inflation-linked government bonds from non-US developed nations as well as emerging market countries. WIP was launched on Mar 13, 2008 and is managed by State Street.