Ionic Inflation Protection ETF (NYSEARCA:CPII) Short Interest Update
by Jessica Moore · The Cerbat GemIonic Inflation Protection ETF (NYSEARCA:CPII – Get Free Report) was the recipient of a large decline in short interest during the month of April. As of April 15th, there was short interest totaling 36 shares, a decline of 57.1% from the March 31st total of 84 shares. Based on an average daily trading volume, of 124 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s shares are sold short.
Ionic Inflation Protection ETF Trading Up 0.2%
Shares of NYSEARCA CPII traded up $0.03 during trading on Friday, reaching $19.33. The company had a trading volume of 26 shares, compared to its average volume of 281. The company’s fifty day moving average price is $19.13 and its 200-day moving average price is $19.05. Ionic Inflation Protection ETF has a 12 month low of $18.84 and a 12 month high of $19.56.
Institutional Investors 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 bought a new stake in shares of Ionic Inflation Protection ETF (NYSEARCA:CPII – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 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.
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.