Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) Short Interest Down 37.4% in May

Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) saw a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 518 shares, a decrease of 37.4% from the May 14th total of 828 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 29,820 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of Shiller CAPE U.S. Equities ETF

Hedge funds have recently bought and sold shares of the company. Root Financial Partners LLC purchased a new position in shares of Shiller CAPE U.S. Equities ETF during the first quarter worth approximately $32,000. Northwestern Mutual Wealth Management Co. purchased a new position in Shiller CAPE U.S. Equities ETF in the 2nd quarter worth $45,000. Fifth Third Bancorp bought a new stake in Shiller CAPE U.S. Equities ETF in the first quarter worth $96,000. Osaic Holdings Inc. boosted its position in Shiller CAPE U.S. Equities ETF by 27.0% during the second quarter. Osaic Holdings Inc. now owns 3,999 shares of the company’s stock valued at $127,000 after buying an additional 849 shares during the period. Finally, United Advisor Group LLC grew its stake in shares of Shiller CAPE U.S. Equities ETF by 19.1% during the fourth quarter. United Advisor Group LLC now owns 7,381 shares of the company’s stock valued at $238,000 after buying an additional 1,184 shares during the last quarter. Institutional investors own 25.05% of the company’s stock.

Shiller CAPE U.S. Equities ETF Price Performance

CAPE stock traded up $0.05 during midday trading on Tuesday, reaching $32.58. The company had a trading volume of 10,500 shares, compared to its average volume of 50,725. The firm has a 50-day moving average price of $32.22 and a 200-day moving average price of $32.31. The company has a market capitalization of $269.76 million, a P/E ratio of -22.47 and a beta of 0.98. Shiller CAPE U.S. Equities ETF has a 1 year low of $29.74 and a 1 year high of $34.25.

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.