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

ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 60 shares, an increase of 328.6% from the April 30th total of 14 shares. Based on an average trading volume of 2,779 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

ClearShares Piton Intermediate Fixed Income ETF Trading Up 0.1%

Shares of ClearShares Piton Intermediate Fixed Income ETF stock opened at $94.09 on Friday. The business has a 50-day moving average price of $94.25 and a two-hundred day moving average price of $94.90. ClearShares Piton Intermediate Fixed Income ETF has a 1-year low of $93.45 and a 1-year high of $96.79.

Institutional Trading of ClearShares Piton Intermediate Fixed Income ETF

A hedge fund recently bought a new stake in ClearShares Piton Intermediate Fixed Income ETF stock. Colonial Trust Advisors purchased a new position in shares of ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) in the third quarter, according to its most recent filing with the SEC. The firm purchased 2,193 shares of the company’s stock, valued at approximately $208,000. Colonial Trust Advisors owned 0.19% of ClearShares Piton Intermediate Fixed Income ETF at the end of the most recent quarter.

About ClearShares Piton Intermediate Fixed Income ETF

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.