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

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

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

Large investors have recently modified their holdings of the business. Walled Lake Planning & Wealth Management LLC lifted its position in Shiller CAPE U.S. Equities ETF by 1.4% in the 3rd quarter. Walled Lake Planning & Wealth Management LLC now owns 819,109 shares of the company’s stock worth $25,311,000 after buying an additional 11,181 shares during the last quarter. HF Advisory Group LLC increased its position in Shiller CAPE U.S. Equities ETF by 4.6% during the 3rd quarter. HF Advisory Group LLC now owns 156,526 shares of the company’s stock valued at $4,837,000 after buying an additional 6,886 shares in the last quarter. Fifth Third Bancorp purchased a new stake in Shiller CAPE U.S. Equities ETF during the 1st quarter valued at $96,000. Finally, Root Financial Partners LLC bought a new position in Shiller CAPE U.S. Equities ETF during the 1st quarter valued at about $32,000. Hedge funds and other institutional investors own 25.05% of the company’s stock.

Shiller CAPE U.S. Equities ETF Trading Up 0.4%

NYSEARCA:CAPE traded up $0.12 on Friday, hitting $32.00. The company had a trading volume of 10,086 shares, compared to its average volume of 41,851. Shiller CAPE U.S. Equities ETF has a 52 week low of $29.74 and a 52 week high of $34.25. The stock has a market capitalization of $206.08 million, a price-to-earnings ratio of -22.07 and a beta of 0.97. The firm has a 50 day moving average of $32.03 and a two-hundred day moving average of $32.33.

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.