Short Interest in Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) Rises By 73.3%

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

Institutional Trading of Shiller CAPE U.S. Equities ETF

Several institutional investors have recently made changes to their positions in the business. Root Financial Partners LLC bought a new stake in Shiller CAPE U.S. Equities ETF in the first quarter valued at about $32,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Shiller CAPE U.S. Equities ETF in the 2nd quarter valued at approximately $45,000. Fifth Third Bancorp acquired a new position in shares of Shiller CAPE U.S. Equities ETF in the 1st quarter worth approximately $96,000. Osaic Holdings Inc. lifted its position in shares of Shiller CAPE U.S. Equities ETF by 27.0% during the 2nd quarter. Osaic Holdings Inc. now owns 3,999 shares of the company’s stock worth $127,000 after buying an additional 849 shares during the period. Finally, United Advisor Group LLC boosted its stake in Shiller CAPE U.S. Equities ETF by 19.1% in the 4th quarter. United Advisor Group LLC now owns 7,381 shares of the company’s stock valued at $238,000 after buying an additional 1,184 shares in the last quarter. 25.05% of the stock is currently owned by institutional investors and hedge funds.

Shiller CAPE U.S. Equities ETF Stock Down 0.7%

Shiller CAPE U.S. Equities ETF stock opened at $32.85 on Friday. The business has a 50 day moving average price of $32.40 and a two-hundred day moving average price of $32.33. The stock has a market cap of $241.78 million, a price-to-earnings ratio of -22.66 and a beta of 0.97. Shiller CAPE U.S. Equities ETF has a 12 month low of $29.74 and a 12 month high of $34.25.

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.