Congress Intermediate Bond ETF (NYSEARCA:CAFX) Short Interest Update

Congress Intermediate Bond ETF (NYSEARCA:CAFX) was the recipient of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 1,490 shares, a drop of 93.7% from the July 30th total of 23,793 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 24,835 shares, the days-to-cover ratio is presently 0.1 days.

Congress Intermediate Bond ETF Stock Up 0.3%

CAFX traded up $0.08 during trading on Tuesday, reaching $24.59. 22,272 shares of the company’s stock were exchanged, compared to its average volume of 47,922. Congress Intermediate Bond ETF has a fifty-two week low of $24.40 and a fifty-two week high of $25.38. The business has a 50 day moving average price of $24.57 and a 200 day moving average price of $24.76.

Institutional Trading of Congress Intermediate Bond ETF

An institutional investor recently bought a new stake in Congress Intermediate Bond ETF stock. JPMorgan Chase & Co. bought a new stake in Congress Intermediate Bond ETF (NYSEARCA:CAFX) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,497 shares of the company’s stock, valued at approximately $113,000.

Congress Intermediate Bond ETF Company Profile

The Congress Intermediate Bond ETF (CAFX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of primarily USD-denominated, investment grade securities. This fund aims to maintain a dollar-weighted average portfolio maturity of zero to ten years. CAFX was launched on Sep 9, 2024 and is issued by Congress.