Short Interest in Ionic Inflation Protection ETF (NYSEARCA:CPII) Rises By 68.0%

Ionic Inflation Protection ETF (NYSEARCA:CPII) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totaling 84 shares, an increase of 68.0% from the March 15th total of 50 shares. Based on an average daily trading volume, of 30 shares, the days-to-cover ratio is presently 2.8 days. Approximately 0.0% of the company’s shares are short sold.

Ionic Inflation Protection ETF Stock Up 0.4%

NYSEARCA:CPII traded up $0.07 during trading hours on Monday, hitting $19.23. 8 shares of the stock were exchanged, compared to its average volume of 241. The company’s 50 day moving average is $19.08 and its two-hundred day moving average is $19.05. Ionic Inflation Protection ETF has a twelve month low of $18.84 and a twelve month high of $19.56.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Ionic Inflation Protection ETF stock. Jane Street Group LLC purchased a new stake in Ionic Inflation Protection ETF (NYSEARCA:CPII) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 14,157 shares of the company’s stock, valued at approximately $267,000. Jane Street Group LLC owned 2.57% of Ionic Inflation Protection ETF as of its most recent SEC filing. Institutional investors and hedge funds 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.