Short Interest in Ionic Inflation Protection ETF (NYSEARCA:CPII) Expands By 5,340.9%

Ionic Inflation Protection ETF (NYSEARCA:CPII) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,197 shares, an increase of 5,340.9% from the April 30th total of 22 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 5,493 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of 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 Ionic Inflation Protection ETF (NYSEARCA:CPII) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 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 as of its most recent filing with the Securities & Exchange Commission. 42.85% of the stock is owned by institutional investors and hedge funds.

Ionic Inflation Protection ETF Stock Performance

Shares of CPII stock traded down $0.01 during trading on Wednesday, hitting $19.41. The company’s stock had a trading volume of 1,554 shares, compared to its average volume of 853. The business has a fifty day moving average of $19.30 and a 200-day moving average of $19.09. Ionic Inflation Protection ETF has a 52 week low of $18.84 and a 52 week high of $19.60.

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.