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

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

Shiller CAPE U.S. Equities ETF Stock Up 1.5%

Shares of CAPE opened at $33.08 on Friday. The company’s fifty day moving average is $32.40 and its 200-day moving average is $32.32. Shiller CAPE U.S. Equities ETF has a 12 month low of $29.74 and a 12 month high of $34.25. The firm has a market cap of $243.47 million, a price-to-earnings ratio of -22.81 and a beta of 0.97.

Institutional Investors Weigh In On Shiller CAPE U.S. Equities ETF

Large investors have recently bought and sold shares of the business. Foundations Investment Advisors LLC increased its position in Shiller CAPE U.S. Equities ETF by 11.2% during the fourth quarter. Foundations Investment Advisors LLC now owns 571,950 shares of the company’s stock worth $18,437,000 after buying an additional 57,451 shares during the last quarter. Waddell & Associates LLC boosted its stake in shares of Shiller CAPE U.S. Equities ETF by 2.1% during the 4th quarter. Waddell & Associates LLC now owns 2,097,338 shares of the company’s stock worth $67,610,000 after acquiring an additional 42,940 shares in the last quarter. HF Advisory Group LLC boosted its stake in shares of Shiller CAPE U.S. Equities ETF by 31.7% during the 4th quarter. HF Advisory Group LLC now owns 157,353 shares of the company’s stock worth $5,072,000 after acquiring an additional 37,838 shares in the last quarter. UBS Group AG increased its holdings in shares of Shiller CAPE U.S. Equities ETF by 8.8% during the 3rd quarter. UBS Group AG now owns 363,525 shares of the company’s stock valued at $11,844,000 after acquiring an additional 29,395 shares during the last quarter. Finally, Bank of Montreal Can raised its stake in shares of Shiller CAPE U.S. Equities ETF by 17.5% in the 4th quarter. Bank of Montreal Can now owns 119,400 shares of the company’s stock valued at $3,849,000 after acquiring an additional 17,775 shares in the last quarter. 25.05% of the stock is currently owned by institutional investors.

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.