Ionic Inflation Protection ETF (NYSEARCA:CPII) Sees Significant Increase in Short Interest

Ionic Inflation Protection ETF (NYSEARCA:CPII – Get Free Report) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 5,064 shares, an increase of 293.2% from the August 31st total of 1,288 shares. Based on an average daily trading volume, of 902 shares, the short-interest ratio is currently 5.6 days. Currently, 0.8% of the company’s stock are short sold.

Ionic Inflation Protection ETF Price Performance

Shares of NYSEARCA:CPII traded down $0.05 during midday trading on Friday, reaching $19.05. The company had a trading volume of 4,418 shares, compared to its average volume of 912. The business’s 50 day moving average price is $18.99 and its 200 day moving average price is $19.14. Ionic Inflation Protection ETF has a 1-year low of $18.76 and a 1-year high of $19.60.

About Ionic Inflation Protection ETF

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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.

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