Principal Capital Appreciation Select ETF (BATS:LCAP) Stock Short Interest Climbs 411.7%

Principal Capital Appreciation Select ETF (BATS:LCAP) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 29,794 shares, a growth 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 presently 0.5 days.

Principal Capital Appreciation Select ETF Stock Performance

LCAP stock opened at $33.82 on Wednesday. Principal Capital Appreciation Select ETF has a 52 week low of $28.15 and a 52 week high of $34.76. The company’s 50-day simple moving average is $33.76 and its 200 day simple moving average is $32.11.

Institutional Investors Weigh In On Principal Capital Appreciation Select ETF

An institutional investor recently raised its position in Principal Capital Appreciation Select ETF stock. Envestnet Asset Management Inc. raised its position in Principal Capital Appreciation Select ETF (BATS:LCAP) by 20.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,746,819 shares of the company’s stock after purchasing 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 as of its most recent SEC filing.