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

Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) saw a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 6,074 shares, a decrease of 68.8% from the February 12th total of 19,497 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 31,336 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 31,336 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

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

CAPE traded down $0.12 during midday trading on Friday, hitting $31.56. 24,627 shares of the company traded hands, compared to its average volume of 64,907. The business has a 50 day simple moving average of $32.76 and a two-hundred day simple moving average of $32.39. Shiller CAPE U.S. Equities ETF has a 52-week low of $27.01 and a 52-week high of $33.29. The company has a market capitalization of $324.44 million, a price-to-earnings ratio of -21.77 and a beta of 1.05.

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

Hedge funds and other institutional investors have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. purchased a new stake in Shiller CAPE U.S. Equities ETF during the 2nd quarter valued at about $45,000. Osaic Holdings Inc. lifted its stake in Shiller CAPE U.S. Equities ETF by 27.0% in the 2nd 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. United Advisor Group LLC boosted its holdings in shares of Shiller CAPE U.S. Equities ETF by 19.1% during the 4th 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 during the last quarter. Triad Wealth Partners LLC purchased a new stake in shares of Shiller CAPE U.S. Equities ETF in the third quarter valued at approximately $259,000. Finally, Pettinga Financial Advisors LLC acquired a new stake in shares of Shiller CAPE U.S. Equities ETF in the third quarter valued at approximately $265,000. 25.05% of the stock is owned by hedge funds and other institutional investors.

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.