Congress Intermediate Bond ETF (NYSEARCA:CAFX – Get Free Report) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 23,793 shares, an increase of 2,942.6% from the July 15th total of 782 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 29,067 shares, the short-interest ratio is presently 0.8 days.
Congress Intermediate Bond ETF Trading Up 0.1%
Shares of NYSEARCA:CAFX opened at $24.49 on Wednesday. Congress Intermediate Bond ETF has a twelve month low of $24.40 and a twelve month high of $25.38. The firm’s 50 day moving average price is $24.61 and its 200-day moving average price is $24.80.
Institutional Investors Weigh In On Congress Intermediate Bond ETF
A hedge fund recently raised its position in Congress Intermediate Bond ETF stock. Flow Traders U.S. LLC increased its position in shares of Congress Intermediate Bond ETF (NYSEARCA:CAFX – Free Report) by 222.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 79,757 shares of the company’s stock after purchasing an additional 54,998 shares during the period. Flow Traders U.S. LLC owned 0.55% of Congress Intermediate Bond ETF worth $1,996,000 at the end of the most recent reporting period.
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.
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