ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) Sees Significant Growth in Short Interest

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

ClearShares Piton Intermediate Fixed Income ETF Stock Performance

NYSEARCA:PIFI traded up $0.48 during midday trading on Friday, reaching $92.19. The stock had a trading volume of 6,736 shares, compared to its average volume of 1,139. ClearShares Piton Intermediate Fixed Income ETF has a 1-year low of $91.62 and a 1-year high of $96.27. The firm’s fifty day simple moving average is $92.78 and its 200-day simple moving average is $93.66.

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.