Ionic Inflation Protection ETF (NYSEARCA:CPII) Short Interest Down 38.9% in April

Ionic Inflation Protection ETF (NYSEARCA:CPII) was the target of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 22 shares, a decrease of 38.9% from the April 15th total of 36 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 389 shares, the days-to-cover ratio is presently 0.1 days.

Ionic Inflation Protection ETF Stock Performance

CPII traded up $0.07 during trading on Monday, reaching $19.59. 574 shares of the stock traded hands, compared to its average volume of 883. The stock’s 50-day moving average is $19.26 and its 200 day moving average is $19.08. Ionic Inflation Protection ETF has a 12 month low of $18.84 and a 12 month high of $19.60.

Institutional Trading of Ionic Inflation Protection ETF

An institutional investor recently bought a new position in Ionic Inflation Protection ETF stock. Jane Street Group LLC purchased a new stake in shares of Ionic Inflation Protection ETF (NYSEARCA:CPII) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 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 quarter. 42.85% of the stock is owned by hedge funds and other institutional investors.

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.