Congress Large Cap Growth ETF (NYSEARCA:CAML) Sees Significant Drop in Short Interest

Congress Large Cap Growth ETF (NYSEARCA:CAML) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 232 shares, a decline of 95.1% from the August 15th total of 4,782 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 26,064 shares, the days-to-cover ratio is currently 0.0 days.

Hedge Funds Weigh In On Congress Large Cap Growth ETF

A hedge fund recently bought a new position in Congress Large Cap Growth ETF stock. JPMorgan Chase & Co. purchased a new stake in shares of Congress Large Cap Growth ETF (NYSEARCA:CAML) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 2,356 shares of the company’s stock, valued at approximately $91,000.

Congress Large Cap Growth ETF Stock Down 0.8%

Shares of NYSEARCA:CAML traded down $0.32 during trading on Thursday, hitting $39.51. 29,979 shares of the company were exchanged, compared to its average volume of 28,496. The business’s 50 day moving average is $40.22 and its 200-day moving average is $38.89. The company has a market capitalization of $373.76 million, a P/E ratio of -987.75 and a beta of 1.10. Congress Large Cap Growth ETF has a 1-year low of $33.89 and a 1-year high of $42.05.

Congress Large Cap Growth ETF Company Profile

The Congress Large Cap Growth ETF (CAML) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that seeks long-term capital growth through investments in large-cap companies believed to be experiencing or will experience earnings growth. CAML was launched on Aug 22, 2023 and is issued by Congress.