ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) Stock Short Interest Jumps 701.4%

ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 1,763 shares, an increase of 701.4% from the September 15th total of 220 shares. Based on an average daily volume of 5,142 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the company’s shares are sold short.

ClearShares Piton Intermediate Fixed Income ETF Stock Down 0.1%

NYSEARCA:PIFI opened at $91.08 on Friday. ClearShares Piton Intermediate Fixed Income ETF has a 1 year low of $90.56 and a 1 year high of $96.12. The business has a 50 day simple moving average of $92.39 and a 200-day simple moving average of $93.38.

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.