Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) Sees Significant Growth in Short Interest

Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 1,006 shares, a growth of 94.2% from the May 31st total of 518 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 70,573 shares, the short-interest ratio is presently 0.0 days.

Shiller CAPE U.S. Equities ETF Price Performance

Shares of CAPE remained flat at $32.97 during midday trading on Friday. The stock had a trading volume of 18,142 shares, compared to its average volume of 47,173. The business has a 50-day moving average price of $32.31 and a 200-day moving average price of $32.30. Shiller CAPE U.S. Equities ETF has a 1 year low of $29.74 and a 1 year high of $34.25. The firm has a market capitalization of $242.66 million, a P/E ratio of -22.74 and a beta of 0.97.

Institutional Trading of Shiller CAPE U.S. Equities ETF

Several hedge funds and other institutional investors have recently bought and sold shares of CAPE. Fifth Third Bancorp purchased a new position in shares of Shiller CAPE U.S. Equities ETF during the first quarter worth approximately $96,000. Root Financial Partners LLC bought a new position in shares of Shiller CAPE U.S. Equities ETF during the 1st quarter valued at $32,000. HF Advisory Group LLC raised its position in Shiller CAPE U.S. Equities ETF by 8.1% in the 1st quarter. HF Advisory Group LLC now owns 137,689 shares of the company’s stock worth $4,248,000 after purchasing an additional 10,336 shares during the period. Main Street Financial Solutions LLC raised 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 worth $4,073,000 after purchasing an additional 15,556 shares during the period. Finally, Walled Lake Planning & Wealth Management LLC lifted its stake in Shiller CAPE U.S. Equities ETF by 0.6% in the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 841,761 shares of the company’s stock worth $27,135,000 after purchasing an additional 5,140 shares during the last quarter. Hedge funds and other institutional investors own 25.05% of the company’s stock.

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.