Short Interest in Ionic Inflation Protection ETF (NYSEARCA:CPII) Increases By 500.0%

Ionic Inflation Protection ETF (NYSEARCA:CPII) was the recipient of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 66 shares, an increase of 500.0% from the February 12th total of 11 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 149 shares, the days-to-cover ratio is presently 0.4 days. Based on an average trading volume of 149 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the shares of the stock are sold short.

Ionic Inflation Protection ETF Trading Down 0.2%

Shares of NYSEARCA CPII traded down $0.04 during mid-day trading on Tuesday, hitting $19.06. 16 shares of the stock traded hands, compared to its average volume of 309. The firm has a 50 day simple moving average of $18.95 and a two-hundred day simple moving average of $19.07. Ionic Inflation Protection ETF has a twelve month low of $18.84 and a twelve month high of $19.59.

Hedge Funds Weigh In On Ionic Inflation Protection ETF

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