ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) Sees Large Growth in Short Interest

ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI – Get Free Report) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 4,049 shares, an increase of 129.7% from the September 30th total of 1,763 shares. Based on an average trading volume of 4,190 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.4% of the shares of the company are short sold.

ClearShares Piton Intermediate Fixed Income ETF Trading Up 0.2%

Shares of ClearShares Piton Intermediate Fixed Income ETF stock opened at $92.19 on Friday. The business’s 50 day moving average price is $91.92 and its 200 day moving average price is $93.65. ClearShares Piton Intermediate Fixed Income ETF has a one year low of $90.56 and a one year high of $96.12.

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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