Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) Sees Large Decrease in Short Interest

Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) saw a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 3,178 shares, a decrease of 47.7% from the February 26th total of 6,074 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 34,964 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Shiller CAPE U.S. Equities ETF

Several large investors have recently modified their holdings of the business. Armor Investment Advisors LLC lifted its stake in shares of Shiller CAPE U.S. Equities ETF by 1,227.6% during the 3rd quarter. Armor Investment Advisors LLC now owns 225,976 shares of the company’s stock valued at $7,362,000 after buying an additional 208,954 shares in the last quarter. Foundations Investment Advisors LLC boosted its holdings in Shiller CAPE U.S. Equities ETF by 45.8% in the 3rd quarter. Foundations Investment Advisors LLC now owns 514,499 shares of the company’s stock worth $16,762,000 after buying an additional 161,575 shares during the period. Waddell & Associates LLC grew its stake in Shiller CAPE U.S. Equities ETF by 3.3% in the 3rd quarter. Waddell & Associates LLC now owns 2,054,398 shares of the company’s stock valued at $66,932,000 after buying an additional 65,712 shares in the last quarter. Straightline Group LLC grew its stake in Shiller CAPE U.S. Equities ETF by 4.4% in the 3rd quarter. Straightline Group LLC now owns 1,013,563 shares of the company’s stock valued at $32,829,000 after buying an additional 42,959 shares in the last quarter. Finally, HF Advisory Group LLC raised its holdings in 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 valued at $5,072,000 after acquiring an additional 37,838 shares during the period. Hedge funds and other institutional investors own 25.05% of the company’s stock.

Shiller CAPE U.S. Equities ETF Stock Down 1.7%

CAPE traded down $0.51 during trading hours on Friday, hitting $30.07. The stock had a trading volume of 9,394 shares, compared to its average volume of 57,729. Shiller CAPE U.S. Equities ETF has a 1 year low of $27.01 and a 1 year high of $33.29. The company’s fifty day simple moving average is $32.44 and its 200 day simple moving average is $32.29. The stock has a market cap of $309.12 million, a PE ratio of -20.74 and a beta of 1.05.

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.