Short Interest in Gabelli Love Our Planet & People ETF (NYSEARCA:LOPP) Increases By 288.3%

Gabelli Love Our Planet & People ETF (NYSEARCA:LOPP) saw a significant increase in short interest in June. As of June 30th, there was short interest totaling 1,491 shares, an increase of 288.3% from the June 15th total of 384 shares. Based on an average daily trading volume, of 1,149 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.4% of the shares of the stock are short sold.

Gabelli Love Our Planet & People ETF Trading Down 1.6%

Shares of Gabelli Love Our Planet & People ETF stock traded down $0.60 during trading on Monday, reaching $37.95. The company’s stock had a trading volume of 100 shares, compared to its average volume of 1,685. The stock has a 50-day moving average price of $38.06 and a two-hundred day moving average price of $36.39. The stock has a market capitalization of $15.18 million, a P/E ratio of 18.65 and a beta of 0.94. Gabelli Love Our Planet & People ETF has a one year low of $27.94 and a one year high of $40.00.

Hedge Funds Weigh In On Gabelli Love Our Planet & People ETF

A number of institutional investors have recently modified their holdings of the stock. GABELLI & Co INVESTMENT ADVISERS INC. acquired a new position in shares of Gabelli Love Our Planet & People ETF during the fourth quarter worth approximately $202,000. Gabelli Funds LLC bought a new stake in shares of Gabelli Love Our Planet & People ETF during the fourth quarter valued at approximately $661,000. Finally, Gamco Investors INC. ET AL acquired a new stake in shares of Gabelli Love Our Planet & People ETF in the fourth quarter valued at approximately $3,222,000.

Gabelli Love Our Planet & People ETF Company Profile

The Gabelli Love Our Planet & People ETF (LOPP) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively managed, non-transparent fund of US-listed companies selected by combining ESG with value-oriented investing. The fund utilizes the Precidian non-transparent model. LOPP was launched on Feb 1, 2021 and is managed by Gabelli.