Short Interest in ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) Drops By 96.1%

by · The Cerbat Gem

ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI – Get Free Report) saw a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 105 shares, a drop of 96.1% from the June 30th total of 2,717 shares. Based on an average daily volume of 591 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the company 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. Flow Traders U.S. LLC acquired a new stake in shares of ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,616 shares of the company’s stock, valued at approximately $249,000. Flow Traders U.S. LLC owned about 0.25% of ClearShares Piton Intermediate Fixed Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

ClearShares Piton Intermediate Fixed Income ETF Trading Up 0.2%

NYSEARCA:PIFI traded up $0.19 during trading hours on Friday, reaching $92.85. The company had a trading volume of 726 shares, compared to its average volume of 975. ClearShares Piton Intermediate Fixed Income ETF has a 52 week low of $92.62 and a 52 week high of $96.79. The firm’s 50 day moving average price is $93.70 and its 200-day moving average price is $94.41.

ClearShares Piton Intermediate Fixed Income ETF Company Profile

(Get Free Report)

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.

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