Gabelli Financial Services Opportunities ETF (NYSEARCA:GABF) Short Interest Update

Gabelli Financial Services Opportunities ETF (NYSEARCA:GABF) saw a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 945 shares, a decrease of 40.5% from the May 14th total of 1,589 shares. Based on an average daily volume of 6,869 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Investors Weigh In On Gabelli Financial Services Opportunities ETF

Several institutional investors have recently bought and sold shares of GABF. Thrivent Financial for Lutherans bought a new stake in Gabelli Financial Services Opportunities ETF during the second quarter worth $1,032,000. Carter Financial Group INC. grew its holdings in Gabelli Financial Services Opportunities ETF by 0.5% during the third quarter. Carter Financial Group INC. now owns 61,032 shares of the company’s stock worth $2,942,000 after buying an additional 303 shares in the last quarter. Susquehanna International Group LLP grew its holdings in Gabelli Financial Services Opportunities ETF by 22.1% during the third quarter. Susquehanna International Group LLP now owns 11,107 shares of the company’s stock worth $535,000 after buying an additional 2,012 shares in the last quarter. Gabelli Funds LLC bought a new stake in Gabelli Financial Services Opportunities ETF during the fourth quarter worth $2,079,000. Finally, Gamco Investors INC. ET AL grew its holdings in Gabelli Financial Services Opportunities ETF by 1,062.1% during the fourth quarter. Gamco Investors INC. ET AL now owns 214,520 shares of the company’s stock worth $9,911,000 after buying an additional 196,060 shares in the last quarter.

Gabelli Financial Services Opportunities ETF Stock Up 0.9%

Shares of NYSEARCA:GABF opened at $45.15 on Wednesday. Gabelli Financial Services Opportunities ETF has a twelve month low of $38.34 and a twelve month high of $49.81. The stock’s 50 day moving average is $43.91 and its 200-day moving average is $44.60. The firm has a market capitalization of $54.18 million, a price-to-earnings ratio of 19.92 and a beta of 1.06.

About Gabelli Financial Services Opportunities ETF

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.