Principal Capital Appreciation Select ETF (BATS:LCAP) Sees Significant Decline in Short Interest

Principal Capital Appreciation Select ETF (BATS:LCAP) was the target of a large decline in short interest in October. As of October 30th, there was short interest totaling 3,278 shares, a decline of 89.0% from the October 15th total of 29,794 shares. Based on an average daily trading volume, of 44,246 shares, the days-to-cover ratio is presently 0.1 days.

Principal Capital Appreciation Select ETF Trading Down 0.3%

Shares of BATS LCAP opened at $33.02 on Wednesday. Principal Capital Appreciation Select ETF has a one year low of $28.15 and a one year high of $34.76. The firm’s 50 day simple moving average is $33.67 and its two-hundred day simple moving average is $32.26.

Institutional Trading of Principal Capital Appreciation Select ETF

A hedge fund recently raised its stake in Principal Capital Appreciation Select ETF stock. Envestnet Asset Management Inc. increased its position in Principal Capital Appreciation Select ETF (BATS:LCAP) by 20.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,746,819 shares of the company’s stock after buying an additional 961,846 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Principal Capital Appreciation Select ETF were worth $190,450,000 as of its most recent filing with the Securities & Exchange Commission.