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

Ionic Inflation Protection ETF (NYSEARCA:CPII) was the target of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 1,197 shares, a growth of 5,340.9% from the April 30th total of 22 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 5,493 shares, the days-to-cover ratio is currently 0.2 days.

Ionic Inflation Protection ETF Stock Up 0.2%

Shares of NYSEARCA:CPII opened at $19.44 on Friday. The firm’s 50-day simple moving average is $19.31 and its 200-day simple moving average is $19.10. Ionic Inflation Protection ETF has a fifty-two week low of $18.84 and a fifty-two week high of $19.60.

Hedge Funds Weigh In On Ionic Inflation Protection ETF

An institutional investor recently bought a new position in Ionic Inflation Protection ETF stock. Jane Street Group LLC purchased a new position in shares of Ionic Inflation Protection ETF (NYSEARCA:CPII) during the fourth quarter, according to its most recent disclosure 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. 42.85% of the stock is currently owned by institutional investors.

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. CPII was launched on Jun 28, 2022 and is managed by Ionic.