ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) Short Interest Update

ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) was the recipient of a large growth in short interest in March. As of March 13th, there was short interest totaling 148 shares, a growth of 142.6% from the February 26th total of 61 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 296 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Inflows and Outflows

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

ClearShares Piton Intermediate Fixed Income ETF Trading Up 0.3%

Shares of PIFI stock opened at $94.69 on Thursday. ClearShares Piton Intermediate Fixed Income ETF has a 1 year low of $93.13 and a 1 year high of $96.79. The firm’s 50 day moving average is $95.14 and its 200-day moving average is $95.34.

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.