Congress Intermediate Bond ETF (NYSEARCA:CAFX) Short Interest Up 621.2% in April

Congress Intermediate Bond ETF (NYSEARCA:CAFX) saw a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 17,337 shares, an increase of 621.2% from the April 15th total of 2,404 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 48,901 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of Congress Intermediate Bond ETF

An institutional investor recently bought a new position in Congress Intermediate Bond ETF stock. JPMorgan Chase & Co. purchased a new position in shares of Congress Intermediate Bond ETF (NYSEARCA:CAFX) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,497 shares of the company’s stock, valued at approximately $113,000.

Congress Intermediate Bond ETF Price Performance

CAFX stock opened at $24.75 on Thursday. Congress Intermediate Bond ETF has a one year low of $24.58 and a one year high of $25.38. The firm has a 50 day simple moving average of $24.86 and a two-hundred day simple moving average of $24.99.

Congress Intermediate Bond ETF Company Profile

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.