Short Interest in Ionic Inflation Protection ETF (NYSEARCA:CPII) Expands By 10,633.3%

Ionic Inflation Protection ETF (NYSEARCA:CPII) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,288 shares, an increase of 10,633.3% from the August 15th total of 12 shares. Based on an average daily trading volume, of 574 shares, the days-to-cover ratio is presently 2.2 days. Approximately 0.2% of the company’s shares are short sold.

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 SEC. 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 filing with the SEC. 42.85% of the stock is currently owned by hedge funds and other institutional investors.

Ionic Inflation Protection ETF Stock Up 0.3%

Shares of CPII stock opened at $19.14 on Friday. The firm has a 50 day moving average of $18.98 and a 200-day moving average of $19.14. Ionic Inflation Protection ETF has a 52 week low of $18.76 and a 52 week high of $19.60.

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.