Gabelli Financial Services Opportunities ETF (NYSEARCA:GABF) Short Interest Down 34.7% in February

Gabelli Financial Services Opportunities ETF (NYSEARCA:GABF) was the target of a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 2,656 shares, a decrease of 34.7% from the January 29th total of 4,066 shares. Based on an average daily volume of 9,235 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the company’s shares are sold short. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 9,235 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On Gabelli Financial Services Opportunities ETF

A number of large investors have recently made changes to their positions in the company. Gamco Investors INC. ET AL raised its position in Gabelli Financial Services Opportunities ETF by 0.3% in the 2nd quarter. Gamco Investors INC. ET AL now owns 227,870 shares of the company’s stock worth $10,812,000 after purchasing an additional 585 shares during the period. Carter Financial Group INC. purchased a new stake in shares of Gabelli Financial Services Opportunities ETF in the second quarter worth approximately $2,882,000. Thrivent Financial for Lutherans bought a new stake in shares of Gabelli Financial Services Opportunities ETF during the 2nd quarter worth approximately $1,032,000. Susquehanna International Group LLP boosted its holdings in Gabelli Financial Services Opportunities ETF by 22.1% during the 3rd 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 period. Finally, Gabelli Funds LLC purchased a new position in Gabelli Financial Services Opportunities ETF during the 4th quarter valued at $2,079,000.

Gabelli Financial Services Opportunities ETF Price Performance

Shares of Gabelli Financial Services Opportunities ETF stock traded down $0.90 on Friday, reaching $43.32. The company had a trading volume of 4,035 shares, compared to its average volume of 14,434. The firm has a market cap of $47.65 million, a price-to-earnings ratio of 19.92 and a beta of 1.14. The firm’s 50-day moving average price is $46.05 and its two-hundred day moving average price is $46.95. Gabelli Financial Services Opportunities ETF has a 1 year low of $36.75 and a 1 year high of $49.81.

Gabelli Financial Services Opportunities ETF Dividend Announcement

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

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.