Short Interest in Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) Declines By 34.6%

Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) saw a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 911 shares, a drop of 34.6% from the August 15th total of 1,392 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 14,991 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Shiller CAPE U.S. Equities ETF

Several institutional investors and hedge funds have recently bought and sold shares of CAPE. Root Financial Partners LLC purchased a new position in shares of Shiller CAPE U.S. Equities ETF in the 1st quarter valued at about $32,000. Fifth Third Bancorp purchased a new stake in shares of Shiller CAPE U.S. Equities ETF during the first quarter worth approximately $96,000. Straightline Group LLC increased its stake in shares of Shiller CAPE U.S. Equities ETF by 0.7% during the fourth quarter. Straightline Group LLC now owns 1,020,759 shares of the company’s stock worth $33,624,000 after buying an additional 7,196 shares during the period. HF Advisory Group LLC raised its holdings in Shiller CAPE U.S. Equities ETF by 8.1% in the first quarter. HF Advisory Group LLC now owns 137,689 shares of the company’s stock valued at $4,248,000 after acquiring an additional 10,336 shares in the last quarter. Finally, Main Street Financial Solutions LLC raised its holdings in Shiller CAPE U.S. Equities ETF by 14.0% in the fourth quarter. Main Street Financial Solutions LLC now owns 126,347 shares of the company’s stock valued at $4,073,000 after acquiring an additional 15,556 shares in the last quarter. 25.05% of the stock is currently owned by hedge funds and other institutional investors.

Shiller CAPE U.S. Equities ETF Stock Down 0.5%

NYSEARCA:CAPE traded down $0.16 on Friday, reaching $31.76. The company’s stock had a trading volume of 9,139 shares, compared to its average volume of 40,728. Shiller CAPE U.S. Equities ETF has a 12-month low of $29.74 and a 12-month high of $34.25. The stock has a 50 day moving average price of $32.83 and a 200 day moving average price of $32.35. The firm has a market cap of $254.05 million, a price-to-earnings ratio of -21.91 and a beta of 0.96.

About Shiller CAPE U.S. Equities ETF

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.