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 during the month of May. As of May 29th, there was short interest totaling 665 shares, a decline of 44.4% from the May 14th total of 1,197 shares. Based on an average trading volume of 378 shares, the days-to-cover ratio is currently 1.8 days. Currently, 0.1% of the shares of the company are sold short.

Ionic Inflation Protection ETF Stock Down 0.2%

CPII stock traded down $0.03 during trading on Tuesday, hitting $19.15. 2,727 shares of the company’s stock traded hands, compared to its average volume of 825. Ionic Inflation Protection ETF has a 52 week low of $18.84 and a 52 week high of $19.60. The stock has a fifty day moving average price of $19.33 and a two-hundred day moving average price of $19.12.

Institutional Investors Weigh In On Ionic Inflation Protection ETF

A hedge fund recently bought a new stake in Ionic Inflation Protection ETF stock. Jane Street Group LLC bought a new position in Ionic Inflation Protection ETF (NYSEARCA:CPII) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 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 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.