Ionic Inflation Protection ETF (NYSEARCA:CPII) Short Interest Down 75.0% in August

Ionic Inflation Protection ETF (NYSEARCA:CPII) saw a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 12 shares, a decrease of 75.0% from the July 30th total of 48 shares. Based on an average trading volume of 3,632 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Ionic Inflation Protection ETF Trading Down 0.3%

Shares of NYSEARCA:CPII traded down $0.05 during midday trading on Friday, hitting $19.00. The company’s stock had a trading volume of 35 shares, compared to its average volume of 909. The stock’s 50 day simple moving average is $18.97 and its 200 day simple moving average is $19.13. Ionic Inflation Protection ETF has a fifty-two week low of $18.76 and a fifty-two week high of $19.60.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Ionic Inflation Protection ETF stock. Jane Street Group LLC acquired a new stake in Ionic Inflation Protection ETF (NYSEARCA:CPII) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 14,157 shares of the company’s stock, valued at approximately $267,000. Jane Street Group LLC owned 2.57% of Ionic Inflation Protection ETF at the end of the most recent quarter. Hedge funds and other 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.