ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) Sees Large Growth in Short Interest

ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 1,763 shares, an increase of 701.4% from the September 15th total of 220 shares. Based on an average daily volume of 5,142 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the shares of the company are short sold.

ClearShares Piton Intermediate Fixed Income ETF Stock Performance

PIFI stock traded down $0.11 during trading on Friday, hitting $91.08. The company had a trading volume of 7 shares, compared to its average volume of 1,308. The business has a 50 day moving average of $92.39 and a 200 day moving average of $93.37. ClearShares Piton Intermediate Fixed Income ETF has a fifty-two week low of $90.56 and a fifty-two week high of $96.12.

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.