ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) Short Interest Update

ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 80 shares, a growth of 48.1% from the July 30th total of 54 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 750 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On ClearShares Piton Intermediate Fixed Income ETF

A hedge fund recently bought a new position in ClearShares Piton Intermediate Fixed Income ETF stock. Flow Traders U.S. LLC purchased a new position in ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 2,616 shares of the company’s stock, valued at approximately $249,000. Flow Traders U.S. LLC owned approximately 0.25% of ClearShares Piton Intermediate Fixed Income ETF at the end of the most recent quarter.

ClearShares Piton Intermediate Fixed Income ETF Stock Performance

Shares of ClearShares Piton Intermediate Fixed Income ETF stock remained flat at $92.93 on Tuesday. 92 shares of the stock traded hands, compared to its average volume of 934. The company has a 50 day moving average of $93.25 and a 200 day moving average of $94.10. ClearShares Piton Intermediate Fixed Income ETF has a 1 year low of $92.62 and a 1 year high of $96.79.

ClearShares Piton Intermediate Fixed Income ETF Company Profile

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.