Principal Value ETF (NASDAQ:PY) Short Interest Up 54.1% in January

Posted by Doug Wharley on Jan 31st, 2026

Principal Value ETF (NASDAQ:PY – Get Free Report) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 11,898 shares, a growth of 54.1% from the December 31st total of 7,719 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 9,471 shares, the short-interest ratio is currently 1.3 days. Based on an average daily trading volume, of 9,471 shares, the short-interest ratio is currently 1.3 days. Approximately 0.5% of the company’s stock are short sold.

Principal Value ETF Price Performance

NASDAQ:PY traded up $0.23 during mid-day trading on Friday, reaching $52.55. The stock had a trading volume of 10,256 shares, compared to its average volume of 62,973. Principal Value ETF has a fifty-two week low of $42.11 and a fifty-two week high of $53.45. The business’s 50 day moving average is $52.50 and its 200 day moving average is $51.76. The stock has a market cap of $177.11 million, a P/E ratio of 17.40 and a beta of 0.96.

Hedge Funds Weigh In On Principal Value ETF

Large investors have recently added to or reduced their stakes in the company. Citadel Advisors LLC bought a new stake in Principal Value ETF in the third quarter valued at about $803,000. Smartleaf Asset Management LLC raised its stake in shares of Principal Value ETF by 22.4% in the second quarter. Smartleaf Asset Management LLC now owns 26,640 shares of the company’s stock worth $1,313,000 after acquiring an additional 4,876 shares during the last quarter. Jane Street Group LLC bought a new position in Principal Value ETF in the 2nd quarter valued at $297,000. Raymond James Financial Inc. bought a new stake in Principal Value ETF during the 2nd quarter worth about $117,000. Finally, Envestnet Asset Management Inc. raised its stake in shares of Principal Value ETF by 40.8% during the third quarter. Envestnet Asset Management Inc. now owns 791,413 shares of the company’s stock worth $41,539,000 after buying an additional 229,159 shares during the last quarter.

About Principal Value ETF

(Get Free Report)

The Principal Value ETF (PY) is an exchange-traded fund that mostly invests in total market equity. The fund utilizes a proprietary quantitative model to actively invest in large- and mid-cap companies that exhibit higher degrees of shareholder yield. PY was launched on Mar 21, 2016 and is managed by Principal.