Short Interest in ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) Grows By 39,105.9%

ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) was the target of a large growth in short interest in January. As of January 30th, there was short interest totaling 6,665 shares, a growth of 39,105.9% from the January 15th total of 17 shares. Based on an average daily volume of 396 shares, the days-to-cover ratio is presently 16.8 days. Currently, 0.6% of the shares of the stock are sold short. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily volume of 396 shares, the days-to-cover ratio is presently 16.8 days.

Hedge Funds Weigh In On ClearShares Piton Intermediate Fixed Income ETF

An institutional investor recently bought a new position in ClearShares Piton Intermediate Fixed Income ETF stock. Colonial Trust Advisors purchased a new stake in ClearShares Piton Intermediate Fixed Income ETF (NYSEARCA:PIFI) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 2,193 shares of the company’s stock, valued at approximately $208,000. Colonial Trust Advisors owned approximately 0.19% of ClearShares Piton Intermediate Fixed Income ETF as of its most recent SEC filing.

ClearShares Piton Intermediate Fixed Income ETF Stock Performance

PIFI opened at $95.13 on Thursday. ClearShares Piton Intermediate Fixed Income ETF has a one year low of $92.19 and a one year high of $96.79. The company has a fifty day moving average price of $95.08 and a 200-day moving average price of $95.40.

ClearShares Piton Intermediate Fixed Income ETF Company Profile

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.