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

Congress Intermediate Bond ETF (NYSEARCA:CAFX) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 782 shares, a decline of 64.7% from the June 30th total of 2,218 shares. Based on an average daily trading volume, of 19,037 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Congress Intermediate Bond ETF Trading Up 0.1%

Shares of NYSEARCA:CAFX traded up $0.03 on Monday, hitting $24.53. The company had a trading volume of 11,070 shares, compared to its average volume of 51,458. Congress Intermediate Bond ETF has a 1 year low of $24.45 and a 1 year high of $25.38. The firm’s 50-day simple moving average is $24.65 and its two-hundred day simple moving average is $24.84.

Institutional Investors Weigh In On Congress Intermediate Bond ETF

A hedge fund recently bought a new position in Congress Intermediate Bond ETF stock. JPMorgan Chase & Co. bought a new stake in shares of Congress Intermediate Bond ETF (NYSEARCA:CAFX) in the 3rd quarter, according to its most recent 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.