Short Interest in Ionic Inflation Protection ETF (NYSEARCA:CPII) Grows By 5,600.0%

Ionic Inflation Protection ETF (NYSEARCA:CPII) was the target of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 57 shares, an increase of 5,600.0% from the June 30th total of 1 shares. Based on an average daily volume of 158 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Investors 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 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 14,157 shares of the company’s stock, valued at approximately $267,000. Jane Street Group LLC owned approximately 2.57% of Ionic Inflation Protection ETF at the end of the most recent reporting period. 42.85% of the stock is currently owned by hedge funds and other institutional investors.

Ionic Inflation Protection ETF Trading Down 0.3%

Shares of CPII opened at $19.00 on Friday. Ionic Inflation Protection ETF has a 52-week low of $18.84 and a 52-week high of $19.60. The company has a 50-day simple moving average of $19.16 and a 200-day simple moving average of $19.13.

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.