ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) Sees Significant Growth in Short Interest
by Renee Jackson · The Cerbat GemClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI – Get Free Report) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 17 shares, an increase of 54.5% from the December 31st total of 11 shares. Based on an average daily trading volume, of 125 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 125 shares, the days-to-cover ratio is currently 0.1 days.
ClearShares Piton Intermediate Fixed Income ETF Stock Down 0.1%
Shares of PIFI stock traded down $0.11 on Monday, hitting $94.76. 178 shares of the stock traded hands, compared to its average volume of 265. The firm has a 50 day simple moving average of $95.19 and a two-hundred day simple moving average of $95.40. ClearShares Piton Intermediate Fixed Income ETF has a 52 week low of $92.19 and a 52 week high of $96.79.
Institutional Investors Weigh In On ClearShares Piton Intermediate Fixed Income ETF
An institutional investor recently bought a new position in ClearShares Piton Intermediate Fixed Income ETF stock. Flow Traders U.S. LLC bought a new stake in ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,616 shares of the company’s stock, valued at approximately $249,000. Flow Traders U.S. LLC owned about 0.25% of ClearShares Piton Intermediate Fixed Income ETF as of its most recent filing with the Securities & Exchange Commission.
ClearShares Piton Intermediate Fixed Income ETF Company Profile
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.