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

Ionic Inflation Protection ETF (NYSEARCA:CPII) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,197 shares, an increase of 5,340.9% from the April 30th total of 22 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 5,493 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Ionic Inflation Protection ETF stock. Jane Street Group LLC purchased a new stake in Ionic Inflation Protection ETF (NYSEARCA:CPII) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 14,157 shares of the company’s stock, valued at approximately $267,000. Jane Street Group LLC owned 2.57% of Ionic Inflation Protection ETF as of its most recent SEC filing. Institutional investors and hedge funds own 42.85% of the company’s stock.

Ionic Inflation Protection ETF Price Performance

Ionic Inflation Protection ETF stock opened at $19.41 on Thursday. Ionic Inflation Protection ETF has a twelve month low of $18.84 and a twelve month high of $19.60. The company’s 50-day moving average price is $19.31 and its two-hundred day moving average price is $19.09.

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.