Ionic Inflation Protection ETF (NYSEARCA:CPII) Sees Large Drop in Short Interest

Ionic Inflation Protection ETF (NYSEARCA:CPII) saw a significant drop in short interest in August. As of August 14th, there was short interest totaling 12 shares, a drop of 75.0% from the July 30th total of 48 shares. Based on an average daily trading volume, of 3,632 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On Ionic Inflation Protection ETF

A hedge fund recently bought a new stake in Ionic Inflation Protection ETF stock. Jane Street Group LLC acquired a new position in shares of Ionic Inflation Protection ETF (NYSEARCA:CPII) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 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 quarter. Institutional investors own 42.85% of the company’s stock.

Ionic Inflation Protection ETF Trading Down 0.3%

Shares of CPII traded down $0.05 during mid-day trading on Friday, reaching $19.00. The company’s stock had a trading volume of 35 shares, compared to its average volume of 909. Ionic Inflation Protection ETF has a 12-month low of $18.76 and a 12-month high of $19.60. The company’s 50 day moving average is $18.97 and its 200 day moving average is $19.13.

About Ionic Inflation Protection ETF

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.