Gabelli Financial Services Opportunities ETF (NYSEARCA:GABF) Short Interest Down 22.7% in February

Gabelli Financial Services Opportunities ETF (NYSEARCA:GABF) was the recipient of a significant decline in short interest in February. As of February 27th, there was short interest totaling 2,052 shares, a decline of 22.7% from the February 12th total of 2,656 shares. Based on an average daily volume of 5,022 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 5,022 shares, the short-interest ratio is presently 0.4 days.

Gabelli Financial Services Opportunities ETF Stock Up 0.1%

NYSEARCA GABF traded up $0.06 on Friday, reaching $40.51. 10,081 shares of the stock traded hands, compared to its average volume of 12,677. Gabelli Financial Services Opportunities ETF has a 12 month low of $36.75 and a 12 month high of $49.81. The company has a market cap of $44.56 million, a price-to-earnings ratio of 19.92 and a beta of 1.14. The firm’s fifty day simple moving average is $45.07 and its 200 day simple moving average is $46.51.

Gabelli Financial Services Opportunities ETF Dividend Announcement

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

Institutional Investors Weigh In On Gabelli Financial Services Opportunities ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Carter Financial Group INC. lifted its holdings in Gabelli Financial Services Opportunities ETF by 0.5% in the 3rd quarter. Carter Financial Group INC. now owns 61,032 shares of the company’s stock valued at $2,942,000 after acquiring an additional 303 shares during the last quarter. Gamco Investors INC. ET AL boosted its position in shares of Gabelli Financial Services Opportunities ETF by 0.3% during the 2nd quarter. Gamco Investors INC. ET AL now owns 227,870 shares of the company’s stock valued at $10,812,000 after purchasing an additional 585 shares in the last quarter. Susquehanna International Group LLP grew its stake 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. Thrivent Financial for Lutherans acquired a new position in shares of Gabelli Financial Services Opportunities ETF in the 2nd quarter worth approximately $1,032,000. Finally, Gabelli Funds LLC bought a new stake in shares of Gabelli Financial Services Opportunities ETF in the 4th quarter worth approximately $2,079,000.

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.