Short Interest in ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) Increases By 200.0%

ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) was the recipient of a large increase in short interest in August. As of August 15th, there was short interest totaling 300 shares, anincreaseof200.0% from the July 31st total of 100 shares. Based on an average trading volume of 2,000 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 2,000 shares, the days-to-cover ratio is currently 0.2 days.

ClearShares Piton Intermediate Fixed Income ETF Trading Up 0.2%

NYSEARCA PIFI opened at $96.09 on Thursday. The company has a 50 day moving average price of $95.25 and a 200 day moving average price of $94.37. ClearShares Piton Intermediate Fixed Income ETF has a 52 week low of $91.44 and a 52 week high of $96.12.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ClearShares Piton Intermediate Fixed Income ETF stock. Colonial Trust Advisors purchased a new stake in shares of ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 2,200 shares of the company’s stock, valued at approximately $206,000. Colonial Trust Advisors owned approximately 0.20% of ClearShares Piton Intermediate Fixed Income ETF at the end of the most recent quarter.

About ClearShares Piton Intermediate Fixed Income ETF

The ClearShares Piton Intermediate Fixed Income ETF (PIFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest in a variety of USD-denominated bonds with an average portfolio maturity of 0-10 years, carrying an investment-grade rating. PIFI was launched on Oct 2, 2020 and is managed by ClearShares.