Congress Large Cap Growth ETF (NYSEARCA:CAML) Sees Significant Decrease in Short Interest

Congress Large Cap Growth ETF (NYSEARCA:CAML) saw a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 4,782 shares, a decline of 81.7% from the July 30th total of 26,189 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 24,260 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On Congress Large Cap Growth ETF

An institutional investor recently bought a new stake in Congress Large Cap Growth ETF stock. JPMorgan Chase & Co. bought a new stake in shares of Congress Large Cap Growth ETF (NYSEARCA:CAML) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 2,356 shares of the company’s stock, valued at approximately $91,000.

Congress Large Cap Growth ETF Stock Performance

Shares of CAML traded up $0.16 during midday trading on Wednesday, hitting $40.51. 17,290 shares of the stock were exchanged, compared to its average volume of 28,738. Congress Large Cap Growth ETF has a 52-week low of $33.89 and a 52-week high of $42.05. The stock has a fifty day simple moving average of $40.09 and a 200 day simple moving average of $38.64. The firm has a market cap of $383.22 million, a P/E ratio of -1,012.75 and a beta of 1.10.

About Congress Large Cap Growth ETF

The Congress Large Cap Growth ETF (CAML) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that seeks long-term capital growth through investments in large-cap companies believed to be experiencing or will experience earnings growth. CAML was launched on Aug 22, 2023 and is issued by Congress.