Short Interest in Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) Declines By 34.6%

Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 911 shares, a drop of 34.6% from the August 15th total of 1,392 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 14,991 shares, the short-interest ratio is presently 0.1 days.

Shiller CAPE U.S. Equities ETF Price Performance

Shares of Shiller CAPE U.S. Equities ETF stock traded up $0.17 during trading on Thursday, hitting $31.92. 52,929 shares of the company’s stock traded hands, compared to its average volume of 40,934. The company has a market cap of $255.33 million, a PE ratio of -22.01 and a beta of 0.96. The firm’s fifty day moving average price is $32.84 and its 200 day moving average price is $32.36. Shiller CAPE U.S. Equities ETF has a twelve month low of $29.74 and a twelve month high of $34.25.

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

Institutional investors have recently added to or reduced their stakes in the stock. Foundations Investment Advisors LLC increased its position in shares of Shiller CAPE U.S. Equities ETF by 11.2% during the 4th quarter. Foundations Investment Advisors LLC now owns 571,950 shares of the company’s stock worth $18,437,000 after purchasing an additional 57,451 shares in the last quarter. Waddell & Associates LLC grew its stake in Shiller CAPE U.S. Equities ETF by 2.1% during the fourth quarter. Waddell & Associates LLC now owns 2,097,338 shares of the company’s stock worth $67,610,000 after buying an additional 42,940 shares during the last quarter. Main Street Financial Solutions LLC grew its stake in Shiller CAPE U.S. Equities ETF by 14.0% during the fourth quarter. Main Street Financial Solutions LLC now owns 126,347 shares of the company’s stock worth $4,073,000 after buying an additional 15,556 shares during the last quarter. HF Advisory Group LLC increased its holdings in shares of Shiller CAPE U.S. Equities ETF by 8.7% during the second quarter. HF Advisory Group LLC now owns 149,640 shares of the company’s stock worth $4,854,000 after buying an additional 11,951 shares in the last quarter. Finally, Straightline Group LLC increased its holdings in shares of Shiller CAPE U.S. Equities ETF by 0.7% during the fourth quarter. Straightline Group LLC now owns 1,020,759 shares of the company’s stock worth $33,624,000 after buying an additional 7,196 shares in the last quarter. 25.05% of the stock is 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. The fund utilizes the Precidian non-transparent model. CAPE was launched on Mar 31, 2022 and is managed by DoubleLine.