Short Interest in Ionic Inflation Protection ETF (NYSEARCA:CPII) Drops By 38.9%
by Teresa Graham · The Cerbat GemIonic Inflation Protection ETF (NYSEARCA:CPII – Get Free Report) was the recipient of a large drop in short interest in April. As of April 30th, there was short interest totaling 22 shares, a drop of 38.9% from the April 15th total of 36 shares. Based on an average trading volume of 389 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.
Ionic Inflation Protection ETF Price Performance
Shares of NYSEARCA:CPII remained flat at $19.59 on Tuesday. The company’s stock had a trading volume of 574 shares, compared to its average volume of 883. The firm’s 50-day moving average price is $19.26 and its 200-day moving average price is $19.08. Ionic Inflation Protection ETF has a 1 year low of $18.84 and a 1 year high of $19.60.
Hedge Funds Weigh In On Ionic Inflation Protection ETF
A hedge fund recently bought a new stake in Ionic Inflation Protection ETF stock. Jane Street Group LLC acquired a new stake in shares of Ionic Inflation Protection ETF (NYSEARCA:CPII – Free Report) during the 4th quarter, according to its most recent filing 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 at the end of the most recent quarter. Hedge funds and other institutional investors 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.