Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) Short Interest Down 14.1% in April

Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) was the target of a large decrease in short interest in the month of April. As of April 15th, there was short interest totaling 342 shares, a decrease of 14.1% from the March 31st total of 398 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 33,629 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On Shiller CAPE U.S. Equities ETF

Several institutional investors have recently added to or reduced their stakes in CAPE. Armor Investment Advisors LLC boosted its position in Shiller CAPE U.S. Equities ETF by 1,227.6% during the 3rd quarter. Armor Investment Advisors LLC now owns 225,976 shares of the company’s stock valued at $7,362,000 after buying an additional 208,954 shares during the period. Foundations Investment Advisors LLC boosted its position in Shiller CAPE U.S. Equities ETF by 45.8% during the 3rd quarter. Foundations Investment Advisors LLC now owns 514,499 shares of the company’s stock valued at $16,762,000 after buying an additional 161,575 shares during the period. Waddell & Associates LLC boosted its position in Shiller CAPE U.S. Equities ETF by 3.3% during the 3rd quarter. Waddell & Associates LLC now owns 2,054,398 shares of the company’s stock valued at $66,932,000 after buying an additional 65,712 shares during the period. Straightline Group LLC boosted its position in Shiller CAPE U.S. Equities ETF by 4.4% during the 3rd quarter. Straightline Group LLC now owns 1,013,563 shares of the company’s stock valued at $32,829,000 after buying an additional 42,959 shares during the period. Finally, HF Advisory Group LLC boosted its position in Shiller CAPE U.S. Equities ETF by 31.7% during the 4th quarter. HF Advisory Group LLC now owns 157,353 shares of the company’s stock valued at $5,072,000 after buying an additional 37,838 shares during the period. Hedge funds and other institutional investors own 25.05% of the company’s stock.

Shiller CAPE U.S. Equities ETF Price Performance

CAPE traded down $0.03 during trading on Friday, hitting $32.44. 6,006 shares of the stock traded hands, compared to its average volume of 52,729. The firm has a market capitalization of $268.60 million, a P/E ratio of -22.37 and a beta of 1.00. The firm has a 50-day moving average of $31.93 and a 200 day moving average of $32.19. Shiller CAPE U.S. Equities ETF has a 12-month low of $29.74 and a 12-month high of $33.29.

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. The fund utilizes the Precidian non-transparent model. CAPE was launched on Mar 31, 2022 and is managed by DoubleLine.