Congress Intermediate Bond ETF (NYSEARCA:CAFX) Short Interest Update

Congress Intermediate Bond ETF (NYSEARCA:CAFX) was the recipient of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 2,055 shares, a drop of 51.7% from the May 31st total of 4,255 shares. Based on an average daily volume of 20,774 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Congress Intermediate Bond ETF Stock Performance

Congress Intermediate Bond ETF stock traded down $0.02 during mid-day trading on Tuesday, reaching $24.67. The company’s stock had a trading volume of 26,517 shares, compared to its average volume of 55,535. Congress Intermediate Bond ETF has a twelve month low of $24.56 and a twelve month high of $25.38. The business has a 50 day moving average price of $24.74 and a 200-day moving average price of $24.90.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Congress Intermediate Bond ETF stock. JPMorgan Chase & Co. bought a new position in Congress Intermediate Bond ETF (NYSEARCA:CAFX) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,497 shares of the company’s stock, valued at approximately $113,000.

Congress Intermediate Bond ETF Company Profile

The Congress Intermediate Bond ETF (CAFX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of primarily USD-denominated, investment grade securities. This fund aims to maintain a dollar-weighted average portfolio maturity of zero to ten years. CAFX was launched on Sep 9, 2024 and is issued by Congress.