ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) Stock Short Interest Jumps 701.4%

ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI – Get Free Report) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 1,763 shares, an increase of 701.4% from the September 15th total of 220 shares. Based on an average daily volume of 5,142 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the shares of the stock are sold short.

ClearShares Piton Intermediate Fixed Income ETF Stock Performance

Shares of PIFI opened at $91.08 on Friday. The company’s fifty day moving average is $92.39 and its 200 day moving average is $93.38. ClearShares Piton Intermediate Fixed Income ETF has a fifty-two week low of $90.56 and a fifty-two week high of $96.12.

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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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