Ionic Inflation Protection ETF (NYSEARCA:CPII) Short Interest Update

Ionic Inflation Protection ETF (NYSEARCA:CPII) was the target of a large decline in short interest in April. As of April 30th, there was short interest totaling 22 shares, a decline of 38.9% from the April 15th total of 36 shares. Based on an average daily volume of 389 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Ionic Inflation Protection ETF Price Performance

Ionic Inflation Protection ETF stock traded up $0.03 during midday trading on Friday, hitting $19.52. The company’s stock had a trading volume of 1,144 shares, compared to its average volume of 886. Ionic Inflation Protection ETF has a 1-year low of $18.84 and a 1-year high of $19.53. The company has a 50-day moving average price of $19.25 and a two-hundred day moving average price of $19.07.

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) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund 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 as of its most recent SEC filing. Institutional investors own 42.85% of the company’s stock.

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.