Short Interest in Zacks Earnings Consistent Portfolio ETF (BATS:ZECP) Increases By 87.4%

Zacks Earnings Consistent Portfolio ETF (BATS:ZECP) was the target of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 59,534 shares, a growth of 87.4% from the July 30th total of 31,775 shares. Based on an average trading volume of 54,283 shares, the short-interest ratio is currently 1.1 days. Approximately 0.8% of the shares of the company are sold short.

Zacks Earnings Consistent Portfolio ETF Price Performance

Shares of Zacks Earnings Consistent Portfolio ETF stock opened at $37.90 on Tuesday. The company’s fifty day simple moving average is $37.90 and its 200-day simple moving average is $36.52. The stock has a market capitalization of $292.97 million, a PE ratio of 24.24 and a beta of 0.88. Zacks Earnings Consistent Portfolio ETF has a 1-year low of $32.57 and a 1-year high of $38.84.

Hedge Funds Weigh In On Zacks Earnings Consistent Portfolio ETF

A number of institutional investors have recently bought and sold shares of the stock. Compass Financial Management LLC purchased a new position in Zacks Earnings Consistent Portfolio ETF during the second quarter valued at $49,000. Strive Financial Group LLC increased its position in Zacks Earnings Consistent Portfolio ETF by 268.2% in the second quarter. Strive Financial Group LLC now owns 299,705 shares of the company’s stock worth $11,311,000 after buying an additional 218,299 shares in the last quarter. Virtue Capital Management LLC raised its stake in shares of Zacks Earnings Consistent Portfolio ETF by 2.3% in the fourth quarter. Virtue Capital Management LLC now owns 130,605 shares of the company’s stock worth $4,556,000 after buying an additional 2,975 shares during the period. Advisory Services Network LLC raised its stake in shares of Zacks Earnings Consistent Portfolio ETF by 0.9% in the fourth quarter. Advisory Services Network LLC now owns 1,280,998 shares of the company’s stock worth $44,527,000 after buying an additional 11,071 shares during the period. Finally, Rossby Financial LCC lifted its position in shares of Zacks Earnings Consistent Portfolio ETF by 39.6% during the 4th quarter. Rossby Financial LCC now owns 27,381 shares of the company’s stock valued at $952,000 after buying an additional 7,769 shares in the last quarter.

Zacks Earnings Consistent Portfolio ETF Company Profile

The Zacks Earnings Consistent Portfolio ETF (ZECP) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in companies that exhibit high stability through recessionary periods. ZECP was launched on Aug 24, 2021 and is managed by Zacks.