Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) Sees Large Increase in Short Interest

Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 1,743 shares, a growth of 73.3% from the June 15th total of 1,006 shares. Based on an average daily volume of 10,169 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Shiller CAPE U.S. Equities ETF Stock Performance

Shiller CAPE U.S. Equities ETF stock opened at $32.85 on Friday. Shiller CAPE U.S. Equities ETF has a fifty-two week low of $29.74 and a fifty-two week high of $34.25. The firm’s 50-day simple moving average is $32.40 and its 200 day simple moving average is $32.33. The stock has a market cap of $241.78 million, a PE ratio of -22.66 and a beta of 0.97.

Hedge Funds Weigh In On Shiller CAPE U.S. Equities ETF

Several institutional investors have recently modified their holdings of CAPE. Foundations Investment Advisors LLC raised its holdings in shares of Shiller CAPE U.S. Equities ETF by 11.2% in 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 during the period. Waddell & Associates LLC grew its holdings 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 valued at $67,610,000 after purchasing an additional 42,940 shares during the period. HF Advisory Group LLC grew its holdings in Shiller CAPE U.S. Equities ETF by 31.7% during the fourth quarter. HF Advisory Group LLC now owns 157,353 shares of the company’s stock valued at $5,072,000 after purchasing an additional 37,838 shares during the period. UBS Group AG increased its position in Shiller CAPE U.S. Equities ETF by 8.8% in the third quarter. UBS Group AG now owns 363,525 shares of the company’s stock worth $11,844,000 after buying an additional 29,395 shares during the last quarter. Finally, Bank of Montreal Can increased its position in Shiller CAPE U.S. Equities ETF by 17.5% in the fourth quarter. Bank of Montreal Can now owns 119,400 shares of the company’s stock worth $3,849,000 after buying an additional 17,775 shares during the last quarter. 25.05% of the stock is owned by institutional investors.

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.