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

Gabelli Financial Services Opportunities ETF (NYSEARCA:GABF) saw a significant decrease in short interest in December. As of December 15th, there was short interest totaling 521 shares, a decrease of 58.8% from the November 30th total of 1,265 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,953 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 2,953 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Trading of Gabelli Financial Services Opportunities ETF

A number of hedge funds have recently made changes to their positions in GABF. Gamco Investors INC. ET AL increased its stake in shares of Gabelli Financial Services Opportunities ETF by 0.3% in the second quarter. Gamco Investors INC. ET AL now owns 227,870 shares of the company’s stock valued at $10,812,000 after buying an additional 585 shares during the period. Carter Financial Group INC. bought a new stake in Gabelli Financial Services Opportunities ETF during the 2nd quarter worth approximately $2,882,000. Thrivent Financial for Lutherans acquired a new position in Gabelli Financial Services Opportunities ETF in the 2nd quarter valued at approximately $1,032,000. Finally, Susquehanna International Group LLP raised its stake in shares of Gabelli Financial Services Opportunities ETF by 22.1% during the third quarter. Susquehanna International Group LLP now owns 11,107 shares of the company’s stock valued at $535,000 after acquiring an additional 2,012 shares during the last quarter.

Gabelli Financial Services Opportunities ETF Price Performance

Shares of NYSEARCA GABF traded up $0.07 during mid-day trading on Friday, hitting $47.88. 1,319 shares of the stock traded hands, compared to its average volume of 7,294. Gabelli Financial Services Opportunities ETF has a twelve month low of $36.75 and a twelve month high of $49.81. The company has a market cap of $33.52 million, a PE ratio of 19.92 and a beta of 1.14. The firm has a 50 day simple moving average of $46.55 and a two-hundred day simple moving average of $47.47.

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.