Short Interest in Ionic Inflation Protection ETF (NYSEARCA:CPII) Declines By 98.8%

Ionic Inflation Protection ETF (NYSEARCA:CPII) was the recipient of a large decrease in short interest in February. As of February 13th, there was short interest totaling 11 shares, a decrease of 98.8% from the January 29th total of 911 shares. Based on an average daily trading volume, of 171 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 171 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Ionic Inflation Protection ETF stock. Jane Street Group LLC bought a new stake in Ionic Inflation Protection ETF (NYSEARCA:CPII) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 14,157 shares of the company’s stock, valued at approximately $267,000. Jane Street Group LLC owned approximately 2.57% of Ionic Inflation Protection ETF at the end of the most recent quarter. Institutional investors own 42.85% of the company’s stock.

Ionic Inflation Protection ETF Price Performance

NYSEARCA:CPII traded down $0.01 during trading hours on Wednesday, reaching $18.88. 10 shares of the company traded hands, compared to its average volume of 176. The firm’s 50-day moving average is $18.94 and its 200-day moving average is $19.09. Ionic Inflation Protection ETF has a 1-year low of $18.84 and a 1-year high of $19.59.

Ionic Inflation Protection ETF Company Profile

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.