Short Interest in Principal Capital Appreciation Select ETF (BATS:LCAP) Declines By 36.8%

Principal Capital Appreciation Select ETF (BATS:LCAPGet Free Report) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 8,234 shares, a drop of 36.8% from the August 15th total of 13,024 shares. Based on an average daily volume of 26,806 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Principal Capital Appreciation Select ETF stock. NewEdge Advisors LLC purchased a new stake in shares of Principal Capital Appreciation Select ETF (BATS:LCAPFree Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 270,115 shares of the company’s stock, valued at approximately $8,952,000.

Principal Capital Appreciation Select ETF Trading Down 0.3%

BATS LCAP opened at $33.13 on Wednesday. The firm’s 50 day moving average price is $33.48 and its two-hundred day moving average price is $32.17. Principal Capital Appreciation Select ETF has a twelve month low of $28.15 and a twelve month high of $34.34.

Further Reading

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