Short Interest in Ionic Inflation Protection ETF (NYSEARCA:CPII) Declines By 99.8%

Ionic Inflation Protection ETF (NYSEARCA:CPIIGet Free Report) was the recipient of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 1 shares, a decrease of 99.8% from the June 15th total of 643 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 1,045 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On Ionic Inflation Protection ETF

A hedge fund recently bought a new stake in Ionic Inflation Protection ETF stock. Jane Street Group LLC acquired a new stake in Ionic Inflation Protection ETF (NYSEARCA:CPIIFree Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 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 at the end of the most recent reporting period. Hedge funds and other institutional investors own 42.85% of the company’s stock.

Ionic Inflation Protection ETF Trading Down 0.1%

Shares of Ionic Inflation Protection ETF stock traded down $0.01 during trading on Friday, hitting $18.97. 293 shares of the company’s stock were exchanged, compared to its average volume of 793. The business has a 50-day simple moving average of $19.25 and a 200-day simple moving average of $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

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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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