Principal Value ETF (NASDAQ:PY) Short Interest Down 38.6% in June

Posted by Brian Himes on Jul 2nd, 2026

Principal Value ETF (NASDAQ:PY – Get Free Report) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 22,140 shares, a decrease of 38.6% from the May 31st total of 36,046 shares. Based on an average daily volume of 15,783 shares, the days-to-cover ratio is currently 1.4 days. Currently, 0.6% of the shares of the company are short sold.

Institutional Investors Weigh In On Principal Value ETF

A number of hedge funds and other institutional investors have recently modified their holdings of PY. Smartleaf Asset Management LLC raised its stake in shares of Principal Value ETF by 2.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 20,794 shares of the company’s stock worth $1,093,000 after buying an additional 473 shares during the last quarter. LPL Financial LLC grew its position in shares of Principal Value ETF by 3.4% in the fourth quarter. LPL Financial LLC now owns 26,455 shares of the company’s stock valued at $1,381,000 after purchasing an additional 863 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Principal Value ETF during the 2nd quarter valued at about $117,000. Integrity Wealth Partners LLC acquired a new position in Principal Value ETF during the first quarter worth approximately $308,000. Finally, Jane Street Group LLC acquired a new position in Principal Value ETF in the second quarter valued at $297,000.

Principal Value ETF Stock Performance

PY traded up $0.67 during trading on Thursday, hitting $54.73. The stock had a trading volume of 19,766 shares, compared to its average volume of 23,213. The firm has a market capitalization of $223.85 million, a P/E ratio of 17.40 and a beta of 0.83. The company’s 50-day moving average price is $53.83 and its 200 day moving average price is $52.99. Principal Value ETF has a twelve month low of $49.21 and a twelve month high of $54.84.

Principal Value ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st will be issued a $0.263 dividend. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $1.05 dividend on an annualized basis and a yield of 1.9%. This is a boost from Principal Value ETF’s previous quarterly dividend of $0.22.

About Principal Value ETF

(Get Free Report)

The Principal Value ETF (PY) is an exchange-traded fund that mostly invests in total market equity. The fund utilizes a proprietary quantitative model to actively invest in large- and mid-cap companies that exhibit higher degrees of shareholder yield. PY was launched on Mar 21, 2016 and is managed by Principal.