AB California Intermediate Municipal ETF (NYSEARCA:CAM) Stock Short Interest Rises 195.1%

AB California Intermediate Municipal ETF (NYSEARCA:CAM) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 348,105 shares, an increase of 195.1% from the September 30th total of 117,957 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily volume of 473,826 shares, the days-to-cover ratio is presently 0.7 days.

AB California Intermediate Municipal ETF Stock Up 0.0%

CAM stock traded up $0.01 during mid-day trading on Thursday, reaching $24.55. 243,180 shares of the stock traded hands, compared to its average volume of 147,008. The firm has a market capitalization of $1.22 billion, a PE ratio of 7.60 and a beta of -0.43. The business has a 50-day moving average of $24.43 and a two-hundred day moving average of $24.92. AB California Intermediate Municipal ETF has a 52 week low of $23.94 and a 52 week high of $25.61.

Institutional Trading of AB California Intermediate Municipal ETF

Large investors have recently added to or reduced their stakes in the company. NWF Advisory Services Inc. bought a new position in AB California Intermediate Municipal ETF in the 2nd quarter valued at $213,000. Tortoise Investment Management LLC bought a new stake in AB California Intermediate Municipal ETF during the 2nd quarter worth about $224,000. Diversify Wealth Management LLC acquired a new position in AB California Intermediate Municipal ETF during the 1st quarter valued at about $301,000. Sanctuary Advisors LLC bought a new position in shares of AB California Intermediate Municipal ETF in the 1st quarter valued at about $311,000. Finally, Sowell Financial Services LLC acquired a new stake in shares of AB California Intermediate Municipal ETF during the 3rd quarter worth approximately $391,000. 85.00% of the stock is owned by institutional investors.

AB California Intermediate Municipal ETF Company Profile

Cameron International Corporation (Cameron), incorporated on November 10, 1994, provides flow equipment products, systems and services to worldwide oil, gas and process industries. The Company operates through four business segments: Subsea, Surface, Drilling and Valves & Measurement (V&M). The Subsea segment delivers integrated solutions, products, systems and services to the subsea oil and gas market, including integrated subsea production systems. Cameron’s Surface segment designs and manufactures wellhead and Christmas tree systemsfor onshore and offshore topside applications – from conventional to high-pressure, high temperature systems, to specialized systems for dry completions and heavy oil.