Short Interest in Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) Rises By 93.9%

Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 19,000 shares, an increase of 93.9% from the September 15th total of 9,800 shares. Based on an average daily volume of 25,000 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily volume of 25,000 shares, the days-to-cover ratio is presently 0.8 days.

Shiller CAPE U.S. Equities ETF Stock Performance

NYSEARCA:CAPE opened at $32.37 on Thursday. The firm’s 50-day moving average is $32.35 and its 200-day moving average is $31.36. Shiller CAPE U.S. Equities ETF has a 52-week low of $27.01 and a 52-week high of $32.99. The company has a market cap of $330.17 million, a price-to-earnings ratio of -22.32 and a beta of 1.23.

Institutional Trading of Shiller CAPE U.S. Equities ETF

Institutional investors have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Shiller CAPE U.S. Equities ETF during the 2nd quarter valued at about $45,000. Osaic Holdings Inc. boosted its position in shares of Shiller CAPE U.S. Equities ETF by 27.0% during the 2nd quarter. Osaic Holdings Inc. now owns 3,999 shares of the company’s stock valued at $127,000 after acquiring an additional 849 shares in the last quarter. Legacy Wealth Managment LLC ID acquired a new stake in shares of Shiller CAPE U.S. Equities ETF during the 1st quarter valued at about $130,000. Pettinga Financial Advisors LLC acquired a new stake in shares of Shiller CAPE U.S. Equities ETF during the 3rd quarter valued at about $265,000. Finally, Creative Financial Designs Inc. ADV boosted its position in shares of Shiller CAPE U.S. Equities ETF by 1,080.4% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 14,755 shares of the company’s stock valued at $469,000 after acquiring an additional 13,505 shares in the last quarter. 25.05% of the stock is currently owned by institutional investors and hedge funds.

Shiller CAPE U.S. Equities ETF Company Profile

The Barclays ETN+ Shiller Capet ETN (CAPE) is an exchange-traded fund that is based on the Shiller Barclays CAPE US Sector index. The fund is an actively managed, non-transparent ETF that aims to outperform the S&P 500 Index by investing in US stocks of any size from the most undervalued sectors based on the CAPE ratio and momentum factors.