Congress Intermediate Bond ETF (NYSEARCA:CAFX) Short Interest Down 93.7% in August

Congress Intermediate Bond ETF (NYSEARCA:CAFX) saw a significant drop in short interest in August. As of August 14th, there was short interest totaling 1,490 shares, a drop of 93.7% from the July 30th total of 23,793 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 24,835 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Congress Intermediate Bond ETF

An institutional investor recently raised its position in Congress Intermediate Bond ETF stock. Flow Traders U.S. LLC lifted its holdings in shares of Congress Intermediate Bond ETF (NYSEARCA:CAFX) by 222.1% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 79,757 shares of the company’s stock after acquiring an additional 54,998 shares during the period. Flow Traders U.S. LLC owned approximately 0.55% of Congress Intermediate Bond ETF worth $1,996,000 at the end of the most recent quarter.

Congress Intermediate Bond ETF Price Performance

NYSEARCA CAFX traded down $0.02 on Wednesday, hitting $24.57. The stock had a trading volume of 3,790 shares, compared to its average volume of 47,651. The business’s fifty day moving average price is $24.57 and its 200 day moving average price is $24.76. Congress Intermediate Bond ETF has a 52-week low of $24.40 and a 52-week high of $25.38.

About Congress Intermediate Bond ETF

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.