ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) Short Interest Update

ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) saw a large growth in short interest in June. As of June 30th, there was short interest totaling 2,717 shares, a growth of 2,537.9% from the June 15th total of 103 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 802 shares, the short-interest ratio is currently 3.4 days.

ClearShares Piton Intermediate Fixed Income ETF Stock Performance

Shares of NYSEARCA:PIFI traded down $0.11 on Friday, reaching $93.18. 15 shares of the company were exchanged, compared to its average volume of 1,010. The company has a 50-day moving average of $93.92 and a 200-day moving average of $94.57. ClearShares Piton Intermediate Fixed Income ETF has a 1-year low of $93.13 and a 1-year high of $96.79.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in ClearShares Piton Intermediate Fixed Income ETF stock. Flow Traders U.S. LLC bought a new stake in ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 2,616 shares of the company’s stock, valued at approximately $249,000. Flow Traders U.S. LLC owned approximately 0.25% of ClearShares Piton Intermediate Fixed Income ETF at the end of the most recent quarter.

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.