Ionic Inflation Protection ETF (NYSEARCA:CPII) Short Interest Update
by Michael Walen · The Markets DailyIonic Inflation Protection ETF (NYSEARCA:CPII – Get Free Report) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 5,064 shares, an increase of 293.2% from the August 31st total of 1,288 shares. Currently, 0.8% of the company’s stock are short sold. Based on an average daily trading volume, of 902 shares, the short-interest ratio is currently 5.6 days.
Ionic Inflation Protection ETF Stock Down 0.4%
Shares of Ionic Inflation Protection ETF stock traded down $0.07 during trading hours on Friday, hitting $19.03. 16 shares of the company’s stock traded hands, compared to its average volume of 907. Ionic Inflation Protection ETF has a twelve month low of $18.76 and a twelve month high of $19.60. The stock has a 50 day simple moving average of $18.99 and a 200-day simple moving average of $19.14.
Ionic Inflation Protection ETF Company Profile
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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