Short Interest in Ionic Inflation Protection ETF (NYSEARCA:CPII) Expands By 500.0%

Ionic Inflation Protection ETF (NYSEARCA:CPII) saw a significant increase in short interest in February. As of February 27th, there was short interest totaling 66 shares, an increase of 500.0% from the February 12th total of 11 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 149 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 149 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Investors Weigh In On Ionic Inflation Protection ETF

An institutional investor recently bought a new position in Ionic Inflation Protection ETF stock. Jane Street Group LLC acquired a new position in shares of Ionic Inflation Protection ETF (NYSEARCA:CPII) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. 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 reporting period. Hedge funds and other institutional investors own 42.85% of the company’s stock.

Ionic Inflation Protection ETF Stock Performance

NYSEARCA:CPII remained flat at $19.06 on Wednesday. The company’s stock had a trading volume of 16 shares, compared to its average volume of 309. The stock’s fifty day moving average price is $18.95 and its 200-day moving average price is $19.07. Ionic Inflation Protection ETF has a 1 year low of $18.84 and a 1 year high of $19.59.

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.