Principal Capital Appreciation Select ETF (BATS:LCAP) Sees Significant Growth in Short Interest

Principal Capital Appreciation Select ETF (BATS:LCAP – Get Free Report) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 29,794 shares, an increase of 411.7% from the September 30th total of 5,822 shares. Based on an average daily trading volume, of 62,049 shares, the short-interest ratio is currently 0.5 days.

Principal Capital Appreciation Select ETF Stock Up 0.7%

Shares of LCAP opened at $33.76 on Tuesday. Principal Capital Appreciation Select ETF has a one year low of $28.15 and a one year high of $34.76. The business has a fifty day moving average of $33.77 and a 200 day moving average of $32.09.

Hedge Funds Weigh In On Principal Capital Appreciation Select ETF

A hedge fund recently raised its position in Principal Capital Appreciation Select ETF stock. Envestnet Asset Management Inc. increased its holdings in Principal Capital Appreciation Select ETF (BATS:LCAP – Free Report) by 20.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,746,819 shares of the company’s stock after buying an additional 961,846 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Principal Capital Appreciation Select ETF were worth $190,450,000 at the end of the most recent reporting period.

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