Short Interest in ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) Grows By 328.6%

ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 60 shares, an increase of 328.6% from the April 30th total of 14 shares. Based on an average daily trading volume, of 2,779 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On 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 purchased a new position in ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 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.

ClearShares Piton Intermediate Fixed Income ETF Price Performance

Shares of NYSEARCA:PIFI opened at $94.15 on Friday. The company’s fifty day moving average price is $94.24 and its 200-day moving average price is $94.90. ClearShares Piton Intermediate Fixed Income ETF has a one year low of $93.45 and a one year high of $96.79.

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.