Short Interest in AB California Intermediate Municipal ETF (NYSEARCA:CAM) Decreases By 44.8%

AB California Intermediate Municipal ETF (NYSEARCA:CAM) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 10,752 shares, a drop of 44.8% from the July 15th total of 19,491 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 83,773 shares, the days-to-cover ratio is currently 0.1 days.

AB California Intermediate Municipal ETF Stock Down 0.1%

NYSEARCA:CAM traded down $0.03 on Monday, reaching $24.88. The stock had a trading volume of 136,119 shares, compared to its average volume of 108,446. The company has a market capitalization of $1.21 billion, a P/E ratio of 7.70 and a beta of -0.24. AB California Intermediate Municipal ETF has a 1-year low of $24.73 and a 1-year high of $25.61. The stock has a fifty day moving average price of $24.99 and a 200-day moving average price of $25.08.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Planned Solutions Inc. bought a new stake in AB California Intermediate Municipal ETF during the 4th quarter worth approximately $2,641,000. Fifth Third Bancorp bought a new position in AB California Intermediate Municipal ETF in the 1st quarter valued at $1,486,000. Bank of America Corp DE raised its position in AB California Intermediate Municipal ETF by 7.8% in the 1st quarter. Bank of America Corp DE now owns 362,698 shares of the oil and gas company’s stock valued at $9,056,000 after purchasing an additional 26,157 shares during the last quarter. Retirement Planning Group LLC acquired a new position in AB California Intermediate Municipal ETF in the first quarter worth $513,000. Finally, Sanctuary Advisors LLC acquired a new position in AB California Intermediate Municipal ETF in the first quarter worth $311,000. Institutional investors 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.