Short Interest in Principal Value ETF (NASDAQ:PY) Rises By 44.4%

Principal Value ETF (NASDAQ:PYGet Free Report) was the recipient of a large increase in short interest in January. As of January 30th, there was short interest totaling 17,181 shares, an increase of 44.4% from the January 15th total of 11,898 shares. Based on an average trading volume of 300,489 shares, the short-interest ratio is currently 0.1 days. Currently, 0.5% of the company’s shares are short sold. Currently, 0.5% of the company’s shares are short sold. Based on an average trading volume of 300,489 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in PY. NFP Retirement Inc. increased its stake in Principal Value ETF by 6.0% during the 2nd quarter. NFP Retirement Inc. now owns 5,684 shares of the company’s stock worth $282,000 after buying an additional 324 shares during the period. Smartleaf Asset Management LLC grew its stake in shares of Principal Value ETF by 2.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 20,794 shares of the company’s stock worth $1,093,000 after acquiring an additional 473 shares in the last quarter. LPL Financial LLC increased its position in shares of Principal Value ETF by 3.4% during the fourth quarter. LPL Financial LLC now owns 26,455 shares of the company’s stock worth $1,381,000 after acquiring an additional 863 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Principal Value ETF in the second quarter valued at $117,000. Finally, Jane Street Group LLC purchased a new position in Principal Value ETF in the second quarter valued at $297,000.

Principal Value ETF Price Performance

NASDAQ PY opened at $53.14 on Friday. The company has a market cap of $187.58 million, a P/E ratio of 17.40 and a beta of 0.96. The stock has a 50-day moving average of $52.79 and a two-hundred day moving average of $51.98. Principal Value ETF has a 1-year low of $42.11 and a 1-year high of $53.96.

Principal Value ETF Company Profile

(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.

See Also

Receive News & Ratings for Principal Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Principal Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.