Ionic Inflation Protection ETF (NYSEARCA:CPII – Get Free Report) saw a significant increase in short interest in August. As of August 31st, there was short interest totaling 1,288 shares, an increase of 10,633.3% from the August 15th total of 12 shares. Based on an average daily trading volume, of 574 shares, the short-interest ratio is presently 2.2 days. Currently, 0.2% of the company’s stock are short sold.
Institutional Investors Weigh In On 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 stake 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 & Exchange Commission. The firm purchased 14,157 shares of the company’s stock, valued at approximately $267,000. Jane Street Group LLC owned 2.57% of Ionic Inflation Protection ETF as of its most recent SEC filing. 42.85% of the stock is owned by hedge funds and other institutional investors.
Ionic Inflation Protection ETF Trading Down 0.3%
CPII opened at $19.09 on Friday. The stock has a 50-day moving average of $18.98 and a 200-day moving average of $19.14. Ionic Inflation Protection ETF has a 52-week low of $18.76 and a 52-week high of $19.60.
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.
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