ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) Short Interest Up 48.1% in August

ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) was the target of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 80 shares, a growth of 48.1% from the July 30th total of 54 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 750 shares, the days-to-cover ratio is currently 0.1 days.

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 position in ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund 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 Price Performance

NYSEARCA:PIFI opened at $92.74 on Thursday. The company’s 50-day simple moving average is $93.19 and its 200 day simple moving average is $94.06. ClearShares Piton Intermediate Fixed Income ETF has a one year low of $92.62 and a one year high of $96.79.

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.