Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) Shares Shorted: Short Interest Down 66.4% in October

Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 1,038 shares, a decrease of 66.4% from the September 30th total of 3,093 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 50,465 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Walled Lake Planning & Wealth Management LLC raised its position in Shiller CAPE U.S. Equities ETF by 1.4% in the third quarter. Walled Lake Planning & Wealth Management LLC now owns 819,109 shares of the company’s stock worth $25,311,000 after purchasing an additional 11,181 shares in the last quarter. HF Advisory Group LLC boosted its stake in shares of Shiller CAPE U.S. Equities ETF by 4.6% during the 3rd quarter. HF Advisory Group LLC now owns 156,526 shares of the company’s stock worth $4,837,000 after acquiring an additional 6,886 shares during the period. Fifth Third Bancorp bought a new position in shares of Shiller CAPE U.S. Equities ETF during the first quarter worth approximately $96,000. Finally, Root Financial Partners LLC bought a new position in Shiller CAPE U.S. Equities ETF in the first quarter valued at approximately $32,000. Institutional investors and hedge funds own 25.05% of the company’s stock.

Shiller CAPE U.S. Equities ETF Stock Performance

Shares of CAPE traded up $0.26 during mid-day trading on Thursday, reaching $31.88. 403,899 shares of the company’s stock traded hands, compared to its average volume of 42,018. The business’s 50-day moving average price is $32.06 and its 200-day moving average price is $32.33. The stock has a market capitalization of $205.31 million, a P/E ratio of -21.99 and a beta of 0.97. Shiller CAPE U.S. Equities ETF has a 12 month low of $29.74 and a 12 month high of $34.25.

About Shiller CAPE U.S. Equities ETF

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.