Short Interest in Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) Drops By 37.4%

Shiller CAPE U.S. Equities ETF (NYSEARCA:CAPE) was the recipient of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 518 shares, a decline of 37.4% from the May 14th total of 828 shares. Based on an average daily volume of 29,820 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Trading of Shiller CAPE U.S. Equities ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Waddell & Associates LLC grew its holdings in Shiller CAPE U.S. Equities ETF by 2.1% in the 4th quarter. Waddell & Associates LLC now owns 2,097,338 shares of the company’s stock valued at $67,610,000 after buying an additional 42,940 shares in the last quarter. Straightline Group LLC grew its holdings in Shiller CAPE U.S. Equities ETF by 0.7% in the 4th quarter. Straightline Group LLC now owns 1,020,759 shares of the company’s stock valued at $33,624,000 after buying an additional 7,196 shares in the last quarter. Walled Lake Planning & Wealth Management LLC boosted its position in shares of Shiller CAPE U.S. Equities ETF by 0.6% in the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 841,761 shares of the company’s stock valued at $27,135,000 after acquiring an additional 5,140 shares during the period. Foundations Investment Advisors LLC boosted its position in shares of Shiller CAPE U.S. Equities ETF by 11.2% in the fourth quarter. Foundations Investment Advisors LLC now owns 571,950 shares of the company’s stock valued at $18,437,000 after acquiring an additional 57,451 shares during the period. Finally, UBS Group AG boosted its position in shares of Shiller CAPE U.S. Equities ETF by 1.2% in the fourth quarter. UBS Group AG now owns 367,903 shares of the company’s stock valued at $11,860,000 after acquiring an additional 4,378 shares during the period. Institutional investors own 25.05% of the company’s stock.

Shiller CAPE U.S. Equities ETF Stock Performance

NYSEARCA CAPE opened at $32.64 on Monday. The firm has a 50-day moving average of $32.19 and a 200-day moving average of $32.31. The stock has a market cap of $270.26 million, a PE ratio of -22.51 and a beta of 0.98. Shiller CAPE U.S. Equities ETF has a 52-week low of $29.74 and a 52-week high of $34.25.

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.