Congress Intermediate Bond ETF (NYSEARCA:CAFX) Short Interest Down 64.7% in July

Congress Intermediate Bond ETF (NYSEARCA:CAFXGet Free Report) saw a significant drop in short interest in July. As of July 15th, there was short interest totaling 782 shares, a drop of 64.7% from the June 30th total of 2,218 shares. Based on an average daily trading volume, of 19,037 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Congress Intermediate Bond ETF Stock Up 0.2%

Shares of NYSEARCA:CAFX opened at $24.56 on Wednesday. The business has a 50-day moving average of $24.65 and a two-hundred day moving average of $24.83. Congress Intermediate Bond ETF has a fifty-two week low of $24.45 and a fifty-two week high of $25.38.

Institutional Investors Weigh In On Congress Intermediate Bond ETF

A hedge fund recently bought a new stake in Congress Intermediate Bond ETF stock. JPMorgan Chase & Co. bought a new position in shares of Congress Intermediate Bond ETF (NYSEARCA:CAFXFree Report) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 4,497 shares of the company’s stock, valued at approximately $113,000.

Congress Intermediate Bond ETF Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Congress Intermediate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Congress Intermediate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.