Short Interest in Ionic Inflation Protection ETF (NYSEARCA:CPII) Grows By 68.0%

Ionic Inflation Protection ETF (NYSEARCA:CPII) was the target of a large increase in short interest during the month of March. As of March 31st, there was short interest totaling 84 shares, an increase of 68.0% from the March 15th total of 50 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 30 shares, the short-interest ratio is presently 2.8 days.

Ionic Inflation Protection ETF Stock Performance

Shares of NYSEARCA CPII remained flat at $19.22 during trading on Wednesday. The company’s stock had a trading volume of 869 shares, compared to its average volume of 251. The company has a 50 day simple moving average of $19.09 and a two-hundred day simple moving average of $19.05. Ionic Inflation Protection ETF has a 1 year low of $18.84 and a 1 year high of $19.56.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Ionic Inflation Protection ETF stock. Jane Street Group LLC acquired a new stake in Ionic Inflation Protection ETF (NYSEARCA:CPII) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 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 filing with the SEC. Institutional investors and hedge funds own 42.85% of the company’s stock.

About Ionic Inflation Protection ETF

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.