Principal Capital Appreciation Select ETF (BATS:LCAP) Sees Large Decline in Short Interest

Principal Capital Appreciation Select ETF (BATS:LCAP – Get Free Report) saw a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 3,278 shares, a drop of 89.0% from the October 15th total of 29,794 shares. Based on an average daily trading volume, of 44,246 shares, the short-interest ratio is currently 0.1 days.

Principal Capital Appreciation Select ETF Stock Performance

Shares of LCAP opened at $33.43 on Thursday. Principal Capital Appreciation Select ETF has a 12 month low of $28.15 and a 12 month high of $34.76. The company’s fifty day moving average is $33.67 and its 200-day moving average is $32.28.

Hedge Funds Weigh In On Principal Capital Appreciation Select ETF

An institutional investor recently bought a new position in Principal Capital Appreciation Select ETF stock. NewEdge Advisors LLC bought a new stake in Principal Capital Appreciation Select ETF (BATS:LCAP – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 270,115 shares of the company’s stock, valued at approximately $8,952,000.

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