Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) Short Interest Update

Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 1,006 shares, a growth of 94.2% from the May 31st total of 518 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 70,573 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Root Financial Partners LLC purchased a new stake in shares of Shiller CAPE U.S. Equities ETF during the 1st quarter worth about $32,000. Northwestern Mutual Wealth Management Co. acquired a new position in Shiller CAPE U.S. Equities ETF in the 2nd quarter worth about $45,000. Fifth Third Bancorp acquired a new position in Shiller CAPE U.S. Equities ETF in the 1st quarter worth about $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 worth $127,000 after purchasing an additional 849 shares in the last quarter. Finally, United Advisor Group LLC boosted its position in 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 worth $238,000 after purchasing an additional 1,184 shares in the last quarter. Institutional investors and hedge funds own 25.05% of the company’s stock.

Shiller CAPE U.S. Equities ETF Stock Performance

Shares of CAPE traded up $0.41 during trading hours on Thursday, hitting $32.97. The stock had a trading volume of 18,142 shares, compared to its average volume of 47,173. The firm has a 50-day moving average price of $32.30 and a 200 day moving average price of $32.30. Shiller CAPE U.S. Equities ETF has a fifty-two week low of $29.74 and a fifty-two week high of $34.25. The firm has a market capitalization of $242.66 million, a price-to-earnings ratio of -22.74 and a beta of 0.97.

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.