Ionic Inflation Protection ETF (NYSEARCA:CPII) Sees Large Increase in Short Interest

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

Institutional Trading of Ionic Inflation Protection ETF

An institutional investor recently bought a new stake in Ionic Inflation Protection ETF stock. Jane Street Group LLC acquired a new stake in shares of Ionic Inflation Protection ETF (NYSEARCA:CPII) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 14,157 shares of the company’s stock, valued at approximately $267,000. Jane Street Group LLC owned about 2.57% of Ionic Inflation Protection ETF at the end of the most recent quarter. Institutional investors and hedge funds own 42.85% of the company’s stock.

Ionic Inflation Protection ETF Stock Up 0.3%

CPII stock traded up $0.05 during midday trading on Thursday, reaching $19.14. The company had a trading volume of 30 shares, compared to its average volume of 896. The company has a 50 day moving average of $18.97 and a two-hundred day moving average of $19.14. Ionic Inflation Protection ETF has a 1 year low of $18.76 and a 1 year 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.