AB California Intermediate Municipal ETF (NYSEARCA:CAM) Short Interest Update

AB California Intermediate Municipal ETF (NYSEARCA:CAM) was the recipient of a large drop in short interest in May. As of May 29th, there was short interest totaling 10,953 shares, a drop of 34.3% from the May 14th total of 16,664 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 150,055 shares, the days-to-cover ratio is presently 0.1 days.

AB California Intermediate Municipal ETF Trading Up 0.0%

Shares of NYSEARCA:CAM traded up $0.01 during trading on Tuesday, hitting $25.08. 3,611 shares of the company’s stock were exchanged, compared to its average volume of 109,992. AB California Intermediate Municipal ETF has a 1-year low of $24.85 and a 1-year high of $25.61. The firm has a 50-day moving average price of $25.03 and a two-hundred day moving average price of $25.13. The firm has a market cap of $1.13 billion, a P/E ratio of 7.76 and a beta of -0.15.

Institutional Investors Weigh In On AB California Intermediate Municipal ETF

Several institutional investors have recently modified their holdings of CAM. Planned Solutions Inc. acquired a new stake in AB California Intermediate Municipal ETF during the 4th quarter worth $2,641,000. Bank of America Corp DE grew its holdings in AB California Intermediate Municipal ETF by 7.8% during the 1st quarter. Bank of America Corp DE now owns 362,698 shares of the oil and gas company’s stock worth $9,056,000 after acquiring an additional 26,157 shares during the period. Sanctuary Advisors LLC acquired a new stake in AB California Intermediate Municipal ETF during the 1st quarter worth $311,000. Retirement Planning Group LLC acquired a new stake in AB California Intermediate Municipal ETF during the 1st quarter worth $513,000. Finally, Diversify Wealth Management LLC acquired a new stake in AB California Intermediate Municipal ETF during the 1st quarter worth $301,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

AB California Intermediate Municipal ETF Company Profile

Cameron International Corporation (Cameron), incorporated on November 10, 1994, provides flow equipment products, systems and services to worldwide oil, gas and process industries. The Company operates through four business segments: Subsea, Surface, Drilling and Valves & Measurement (V&M). The Subsea segment delivers integrated solutions, products, systems and services to the subsea oil and gas market, including integrated subsea production systems. Cameron’s Surface segment designs and manufactures wellhead and Christmas tree systemsfor onshore and offshore topside applications – from conventional to high-pressure, high temperature systems, to specialized systems for dry completions and heavy oil.