Ionic Inflation Protection ETF (NYSEARCA:CPII) Short Interest Up 5,600.0% in July

Ionic Inflation Protection ETF (NYSEARCA:CPII) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 57 shares, an increase of 5,600.0% from the June 30th total of 1 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 158 shares, the days-to-cover ratio is currently 0.4 days.

Ionic Inflation Protection ETF Stock Performance

NYSEARCA CPII opened at $19.00 on Friday. The stock’s 50 day simple moving average is $19.16 and its 200 day simple moving average is $19.13. Ionic Inflation Protection ETF has a one year low of $18.84 and a one year high of $19.60.

Institutional Investors Weigh In On Ionic Inflation Protection ETF

An institutional investor recently bought a new stake in Ionic Inflation Protection ETF stock. Jane Street Group LLC bought a new position in shares of Ionic Inflation Protection ETF (NYSEARCA:CPII) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 14,157 shares of the company’s stock, valued at approximately $267,000. Jane Street Group LLC owned approximately 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.