Principal Capital Appreciation Select ETF (BATS:LCAP) Short Interest Update

Principal Capital Appreciation Select ETF (BATS:LCAP) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 33,098 shares, a growth of 302.0% from the August 31st total of 8,234 shares. Based on an average daily trading volume, of 35,948 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Investors Weigh In On Principal Capital Appreciation Select ETF

An institutional investor recently bought a new position in Principal Capital Appreciation Select ETF stock. NewEdge Advisors LLC bought a new position in shares of Principal Capital Appreciation Select ETF (BATS:LCAP) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 270,115 shares of the company’s stock, valued at approximately $8,952,000.

Principal Capital Appreciation Select ETF Price Performance

Shares of LCAP traded up $0.10 during midday trading on Friday, reaching $33.94. 32,764 shares of the stock were exchanged, compared to its average volume of 47,676. The company’s 50 day moving average is $33.52 and its two-hundred day moving average is $32.35. Principal Capital Appreciation Select ETF has a 52 week low of $28.15 and a 52 week high of $34.34.