ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) Short Interest Down 48.6% in July

ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFIGet Free Report) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 54 shares, a decrease of 48.6% from the July 15th total of 105 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 704 shares, the short-interest ratio is currently 0.1 days.

ClearShares Piton Intermediate Fixed Income ETF Stock Performance

PIFI traded up $0.04 during midday trading on Tuesday, hitting $93.18. 3,915 shares of the company traded hands, compared to its average volume of 976. The business has a 50 day simple moving average of $93.44 and a two-hundred day simple moving average of $94.22. ClearShares Piton Intermediate Fixed Income ETF has a 52-week low of $92.62 and a 52-week high of $96.79.

Institutional Investors Weigh In On ClearShares Piton Intermediate Fixed Income ETF

An institutional investor recently bought a new position in ClearShares Piton Intermediate Fixed Income ETF stock. Flow Traders U.S. LLC bought a new stake in shares of ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFIFree Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,616 shares of the company’s stock, valued at approximately $249,000. Flow Traders U.S. LLC owned about 0.25% of ClearShares Piton Intermediate Fixed Income ETF at the end of the most recent reporting period.

About ClearShares Piton Intermediate Fixed Income ETF

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The ClearShares Piton Intermediate Fixed Income ETF (PIFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest in a variety of USD-denominated bonds with an average portfolio maturity of 0-10 years, carrying an investment-grade rating. PIFI was launched on Oct 2, 2020 and is managed by ClearShares.

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