ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) Sees Significant Growth in Short Interest

ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) was the target of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 148 shares, a growth of 142.6% from the February 26th total of 61 shares. Based on an average daily trading volume, of 296 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.0% of the shares of the stock are sold short.

ClearShares Piton Intermediate Fixed Income ETF Stock Up 0.1%

NYSEARCA:PIFI traded up $0.08 during mid-day trading on Friday, reaching $94.38. 2,206 shares of the company were exchanged, compared to its average volume of 468. ClearShares Piton Intermediate Fixed Income ETF has a 12 month low of $93.13 and a 12 month high of $96.79. The company has a fifty day moving average of $95.13 and a 200 day moving average of $95.32.

Institutional Trading of ClearShares Piton Intermediate Fixed Income ETF

An institutional investor recently bought a new position in ClearShares Piton Intermediate Fixed Income ETF stock. Colonial Trust Advisors acquired a new position in ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 2,193 shares of the company’s stock, valued at approximately $208,000. Colonial Trust Advisors owned about 0.19% of ClearShares Piton Intermediate Fixed Income ETF at the end of the most recent reporting period.

About ClearShares Piton Intermediate Fixed Income ETF

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.