ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) Shares Shorted: Short Interest Up 182.1% in September

ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 220 shares, a growth of 182.1% from the August 31st total of 78 shares. Based on an average trading volume of 1,492 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

ClearShares Piton Intermediate Fixed Income ETF Price Performance

PIFI traded up $0.48 during trading hours on Friday, reaching $92.19. 6,736 shares of the company’s stock traded hands, compared to its average volume of 1,139. The firm has a 50-day moving average price of $92.78 and a 200 day moving average price of $93.66. ClearShares Piton Intermediate Fixed Income ETF has a 52-week low of $91.62 and a 52-week high of $96.27.

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.