Ionic Inflation Protection ETF (NYSEARCA:CPII) Short Interest Up 10,633.3% in August

Ionic Inflation Protection ETF (NYSEARCA:CPII) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 1,288 shares, a growth of 10,633.3% from the August 15th total of 12 shares. Based on an average daily volume of 574 shares, the short-interest ratio is currently 2.2 days. Approximately 0.2% of the company’s shares are short sold.

Institutional Investors Weigh In On Ionic Inflation Protection ETF

A hedge fund recently bought a new position in Ionic Inflation Protection ETF stock. Jane Street Group LLC bought a new stake in Ionic Inflation Protection ETF (NYSEARCA:CPII) during the fourth quarter, according to the company in its most recent 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 2.57% of Ionic Inflation Protection ETF at the end of the most recent reporting period. Institutional investors own 42.85% of the company’s stock.

Ionic Inflation Protection ETF Price Performance

NYSEARCA:CPII traded up $0.05 during trading hours on Thursday, hitting $19.14. 30 shares of the stock traded hands, compared to its average volume of 896. The firm has a 50 day moving average price of $18.97 and a 200 day moving average price of $19.14. Ionic Inflation Protection ETF has a fifty-two week low of $18.76 and a fifty-two week high of $19.60.

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.