Ionic Inflation Protection ETF (NYSEARCA:CPII – Get Free Report) was the target of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 665 shares, a decrease of 44.4% from the May 14th total of 1,197 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 378 shares, the short-interest ratio is currently 1.8 days.
Institutional Investors Weigh In On Ionic Inflation Protection ETF
An institutional investor recently bought a new position in Ionic Inflation Protection ETF stock. Jane Street Group LLC purchased a new position in shares of Ionic Inflation Protection ETF (NYSEARCA:CPII – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 14,157 shares of the company’s stock, valued at approximately $267,000. Jane Street Group LLC owned approximately 2.57% of Ionic Inflation Protection ETF as of its most recent filing with the Securities and Exchange Commission (SEC). 42.85% of the stock is owned by institutional investors.
Ionic Inflation Protection ETF Stock Performance
Ionic Inflation Protection ETF stock traded up $0.01 during midday trading on Monday, reaching $19.18. 203 shares of the stock were exchanged, compared to its average volume of 809. The company’s fifty day moving average is $19.33 and its 200-day moving average is $19.12. Ionic Inflation Protection ETF has a 52 week low of $18.84 and a 52 week high of $19.60.
Ionic Inflation Protection ETF Company Profile
The Ionic Inflation Protection ETF (CPII) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in inflation swaps, swaptions, and US TIPS that are expected to benefit from inflation, increasing interest rates, and fixed income volatility. CPII was launched on Jun 28, 2022 and is managed by Ionic.
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