Gabelli Financial Services Opportunities ETF (NYSEARCA:GABF) Short Interest Update

Gabelli Financial Services Opportunities ETF (NYSEARCA:GABF) saw a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 945 shares, a drop of 40.5% from the May 14th total of 1,589 shares. Based on an average daily trading volume, of 6,869 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Gabelli Funds LLC lifted its holdings in Gabelli Financial Services Opportunities ETF by 805.3% during the 1st quarter. Gabelli Funds LLC now owns 407,363 shares of the company’s stock worth $16,954,000 after buying an additional 362,363 shares during the last quarter. Gamco Investors INC. ET AL lifted its holdings in Gabelli Financial Services Opportunities ETF by 1,062.1% during the 4th quarter. Gamco Investors INC. ET AL now owns 214,520 shares of the company’s stock worth $9,911,000 after buying an additional 196,060 shares during the last quarter. Carter Financial Group INC. lifted its holdings in Gabelli Financial Services Opportunities ETF by 5.8% during the 4th quarter. Carter Financial Group INC. now owns 64,553 shares of the company’s stock worth $3,040,000 after buying an additional 3,521 shares during the last quarter. Thrivent Financial for Lutherans bought a new position in Gabelli Financial Services Opportunities ETF during the 2nd quarter worth approximately $1,032,000. Finally, Susquehanna International Group LLP lifted its holdings in shares of Gabelli Financial Services Opportunities ETF by 22.1% in the 3rd quarter. Susquehanna International Group LLP now owns 11,107 shares of the company’s stock worth $535,000 after purchasing an additional 2,012 shares during the last quarter.

Gabelli Financial Services Opportunities ETF Stock Up 0.9%

NYSEARCA:GABF traded up $0.40 during trading hours on Tuesday, reaching $45.15. 2,051 shares of the stock were exchanged, compared to its average volume of 7,962. The firm has a 50 day simple moving average of $43.84 and a 200-day simple moving average of $44.60. Gabelli Financial Services Opportunities ETF has a 52 week low of $38.34 and a 52 week high of $49.81. The stock has a market capitalization of $54.18 million, a P/E ratio of 19.92 and a beta of 1.06.

Gabelli Financial Services Opportunities ETF Company Profile

The Gabelli Financial Services Opportunities ETF (GABF) is an exchange-traded fund that mostly invests in financials equity. The fund is an actively managed, non-transparent fund of US-listed equities of financial services firms. The fund utilizes the Precidian non-transparent model. GABF was launched on May 9, 2022 and is managed by Gabelli.