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

Gabelli Financial Services Opportunities ETF (NYSEARCA:GABF) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 13,934 shares, an increase of 469.9% from the December 31st total of 2,445 shares. Based on an average daily volume of 32,809 shares, the short-interest ratio is presently 0.4 days. Currently, 1.3% of the shares of the company are sold short. Currently, 1.3% of the shares of the company are sold short. Based on an average daily volume of 32,809 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On Gabelli Financial Services Opportunities ETF

Large investors have recently modified their holdings of the business. Carter Financial Group INC. purchased a new stake in shares of Gabelli Financial Services Opportunities ETF during the 2nd quarter valued at approximately $2,882,000. Thrivent Financial for Lutherans bought a new stake in Gabelli Financial Services Opportunities ETF during the 2nd quarter valued at $1,032,000. Susquehanna International Group LLP lifted its position 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 worth $535,000 after acquiring an additional 2,012 shares in the last quarter. Finally, Gamco Investors INC. ET AL boosted its holdings 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 worth $10,812,000 after acquiring an additional 585 shares during the period.

Gabelli Financial Services Opportunities ETF Price Performance

Shares of GABF opened at $45.86 on Friday. Gabelli Financial Services Opportunities ETF has a 1 year low of $36.75 and a 1 year high of $49.81. The stock’s fifty day moving average price is $46.88 and its two-hundred day moving average price is $47.49. The firm has a market cap of $50.45 million, a PE ratio of 19.92 and a beta of 1.14.

Gabelli Financial Services Opportunities ETF Announces Dividend

The company also recently disclosed an annual dividend, which was paid on Friday, January 9th. Investors of record on Monday, December 29th were paid a $0.9068 dividend. This represents a yield of 194.0%. The ex-dividend date was Monday, December 29th.

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.