Short Interest in ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) Drops By 42.9%

ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) saw a large decline in short interest in October. As of October 15th, there was short interest totaling 400 shares, a decline of 42.9% from the September 30th total of 700 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 2,300 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 2,300 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

ClearShares Piton Intermediate Fixed Income ETF Stock Performance

NYSEARCA:PIFI opened at $95.04 on Monday. ClearShares Piton Intermediate Fixed Income ETF has a fifty-two week low of $91.44 and a fifty-two week high of $96.79. The firm has a 50-day simple moving average of $95.74 and a two-hundred day simple moving average of $95.02.

Hedge Funds Weigh In On ClearShares Piton Intermediate Fixed Income ETF

A hedge fund recently bought a new stake in ClearShares Piton Intermediate Fixed Income ETF stock. Colonial Trust Advisors acquired a new stake in ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 2,200 shares of the company’s stock, valued at approximately $206,000. Colonial Trust Advisors owned approximately 0.20% of ClearShares Piton Intermediate Fixed Income ETF at the end of the most recent quarter.

ClearShares Piton Intermediate Fixed Income ETF Company Profile

The ClearShares Piton Intermediate Fixed Income ETF (PIFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest in a variety of USD-denominated bonds with an average portfolio maturity of 0-10 years, carrying an investment-grade rating. PIFI was launched on Oct 2, 2020 and is managed by ClearShares.