Ionic Inflation Protection ETF (NYSEARCA:CPII – Get Free Report) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 57 shares, an increase of 5,600.0% from the June 30th total of 1 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 158 shares, the days-to-cover ratio is currently 0.4 days.
Ionic Inflation Protection ETF Stock Performance
Shares of NYSEARCA CPII traded down $0.05 during trading hours on Friday, reaching $19.00. 91 shares of the stock traded hands, compared to its average volume of 743. Ionic Inflation Protection ETF has a 52-week low of $18.84 and a 52-week high of $19.60. The company’s 50-day simple moving average is $19.17 and its two-hundred day simple moving average is $19.13.
Institutional Trading of Ionic Inflation Protection ETF
A hedge fund recently bought a new position in Ionic Inflation Protection ETF stock. Jane Street Group LLC purchased a new position in Ionic Inflation Protection ETF (NYSEARCA:CPII – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 14,157 shares of the company’s stock, valued at approximately $267,000. Jane Street Group LLC owned about 2.57% of Ionic Inflation Protection ETF as of its most recent SEC filing. 42.85% of the stock is currently owned by institutional investors.
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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