Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) Shares Shorted: Short Interest Down 66.4% in October

Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 1,038 shares, a drop of 66.4% from the September 30th total of 3,093 shares. Based on an average daily volume of 50,465 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Trading of Shiller CAPE U.S. Equities ETF

Several large investors have recently added to or reduced their stakes in the business. Walled Lake Planning & Wealth Management LLC grew its stake in shares of Shiller CAPE U.S. Equities ETF by 1.4% in the third quarter. Walled Lake Planning & Wealth Management LLC now owns 819,109 shares of the company’s stock worth $25,311,000 after purchasing an additional 11,181 shares in the last quarter. HF Advisory Group LLC raised its stake in shares of Shiller CAPE U.S. Equities ETF by 8.7% during the second quarter. HF Advisory Group LLC now owns 149,640 shares of the company’s stock valued at $4,854,000 after purchasing an additional 11,951 shares in the last quarter. Fifth Third Bancorp acquired a new stake in Shiller CAPE U.S. Equities ETF in the first quarter worth about $96,000. Finally, Root Financial Partners LLC acquired a new stake in Shiller CAPE U.S. Equities ETF in the first quarter worth about $32,000. 25.05% of the stock is currently owned by institutional investors and hedge funds.

Shiller CAPE U.S. Equities ETF Stock Performance

Shares of CAPE traded up $0.12 during mid-day trading on Friday, reaching $32.00. 10,093 shares of the company’s stock traded hands, compared to its average volume of 41,865. The business’s 50-day moving average price is $32.01 and its 200-day moving average price is $32.32. The stock has a market capitalization of $206.08 million, a P/E ratio of -22.07 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.

Shiller CAPE U.S. Equities ETF Company Profile

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.