Ionic Inflation Protection ETF (NYSEARCA:CPII) Short Interest Update

Ionic Inflation Protection ETF (NYSEARCA:CPII) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 2,000 shares, a decline of 31.0% from the September 15th total of 2,900 shares. Based on an average trading volume of 1,100 shares, the days-to-cover ratio is currently 1.8 days. Based on an average trading volume of 1,100 shares, the days-to-cover ratio is currently 1.8 days.

Ionic Inflation Protection ETF Trading Up 0.1%

Shares of Ionic Inflation Protection ETF stock opened at $19.17 on Friday. Ionic Inflation Protection ETF has a 52-week low of $19.08 and a 52-week high of $19.70. The company has a 50 day moving average of $19.25 and a 200 day moving average of $19.29.

Ionic Inflation Protection ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Thursday, October 2nd were issued a dividend of $0.0386 per share. The ex-dividend date of this dividend was Thursday, October 2nd. This represents a c) dividend on an annualized basis and a yield of 2.4%.

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.