Gabelli Love Our Planet & People ETF (NYSEARCA:LOPP) Short Interest Update

Gabelli Love Our Planet & People ETF (NYSEARCA:LOPP) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 3,939 shares, a growth of 110.2% from the April 30th total of 1,874 shares. Approximately 1.0% of the shares of the stock are sold short. Based on an average daily volume of 493 shares, the short-interest ratio is presently 8.0 days.

Institutional Investors Weigh In On Gabelli Love Our Planet & People ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Gabelli Funds LLC lifted its position in Gabelli Love Our Planet & People ETF by 114.0% in the first quarter. Gabelli Funds LLC now owns 42,800 shares of the company’s stock worth $1,484,000 after purchasing an additional 22,800 shares during the period. GABELLI & Co INVESTMENT ADVISERS INC. acquired a new stake in Gabelli Love Our Planet & People ETF in the fourth quarter worth approximately $202,000. Finally, Gamco Investors INC. ET AL acquired a new stake in Gabelli Love Our Planet & People ETF in the fourth quarter worth approximately $3,222,000.

Gabelli Love Our Planet & People ETF Price Performance

LOPP opened at $38.31 on Wednesday. The company has a market capitalization of $15.32 million, a price-to-earnings ratio of 18.65 and a beta of 0.96. Gabelli Love Our Planet & People ETF has a 1-year low of $27.94 and a 1-year high of $39.53. The business has a 50 day moving average price of $36.50 and a two-hundred day moving average price of $35.23.

About Gabelli Love Our Planet & People ETF

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.