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

Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 3,093 shares, a growth of 412.9% from the September 15th total of 603 shares. Based on an average trading volume of 34,389 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Shiller CAPE U.S. Equities ETF Price Performance

NYSEARCA CAPE traded up $0.09 on Friday, hitting $31.48. The company had a trading volume of 7,633 shares, compared to its average volume of 41,585. The company has a market capitalization of $206.51 million, a PE ratio of -21.71 and a beta of 0.97. The company’s fifty day moving average price is $32.37 and its 200-day moving average price is $32.26. Shiller CAPE U.S. Equities ETF has a 12-month low of $29.74 and a 12-month high of $34.25.

Institutional Trading of Shiller CAPE U.S. Equities ETF

Several institutional investors have recently modified their holdings of the stock. HF Advisory Group LLC grew its holdings in shares of Shiller CAPE U.S. Equities ETF by 4.6% in the third quarter. HF Advisory Group LLC now owns 156,526 shares of the company’s stock valued at $4,837,000 after purchasing an additional 6,886 shares in the last quarter. Fifth Third Bancorp acquired a new stake in Shiller CAPE U.S. Equities ETF during the 1st quarter worth approximately $96,000. Root Financial Partners LLC acquired a new stake in Shiller CAPE U.S. Equities ETF during the 1st quarter worth approximately $32,000. Finally, Main Street Financial Solutions LLC boosted its position in Shiller CAPE U.S. Equities ETF by 14.0% in the 4th quarter. Main Street Financial Solutions LLC now owns 126,347 shares of the company’s stock valued at $4,073,000 after buying an additional 15,556 shares during the period. Institutional investors and hedge funds own 25.05% of the company’s stock.

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.