Congress Intermediate Bond ETF (NYSEARCA:CAFX) Short Interest Update

Congress Intermediate Bond ETF (NYSEARCA:CAFX) was the target of a large decrease in short interest in August. As of August 14th, there was short interest totaling 1,490 shares, a decrease of 93.7% from the July 30th total of 23,793 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 24,835 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of Congress Intermediate Bond ETF

An institutional investor recently bought a new stake in Congress Intermediate Bond ETF stock. JPMorgan Chase & Co. acquired a new position in shares of Congress Intermediate Bond ETF (NYSEARCA:CAFX) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 4,497 shares of the company’s stock, valued at approximately $113,000.

Congress Intermediate Bond ETF Stock Up 0.3%

NYSEARCA:CAFX traded up $0.08 during mid-day trading on Tuesday, reaching $24.59. 22,272 shares of the company were exchanged, compared to its average volume of 47,922. Congress Intermediate Bond ETF has a 12 month low of $24.40 and a 12 month high of $25.38. The company has a fifty day moving average of $24.57 and a 200 day moving average of $24.76.

About Congress Intermediate Bond ETF

The Congress Intermediate Bond ETF (CAFX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of primarily USD-denominated, investment grade securities. This fund aims to maintain a dollar-weighted average portfolio maturity of zero to ten years. CAFX was launched on Sep 9, 2024 and is issued by Congress.