Short Interest in Gabelli Love Our Planet & People ETF (NYSEARCA:LOPP) Increases By 110.2%

Gabelli Love Our Planet & People ETF (NYSEARCA:LOPP) was the target of a large growth in short interest in 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 company’s stock are short sold. Based on an average trading volume of 493 shares, the days-to-cover ratio is currently 8.0 days.

Gabelli Love Our Planet & People ETF Stock Up 2.5%

Shares of Gabelli Love Our Planet & People ETF stock traded up $0.95 during trading on Tuesday, reaching $38.31. The company’s stock had a trading volume of 1,535 shares, compared to its average volume of 1,988. The company has a market cap 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 company has a 50-day simple moving average of $36.50 and a two-hundred day simple moving average of $35.23.

Institutional Trading of Gabelli Love Our Planet & People ETF

Institutional investors have recently made changes to their positions in the business. GABELLI & Co INVESTMENT ADVISERS INC. acquired a new stake in shares of Gabelli Love Our Planet & People ETF in the 4th quarter worth $202,000. Gabelli Funds LLC acquired a new stake in shares of Gabelli Love Our Planet & People ETF in the 4th quarter worth $661,000. Finally, Gamco Investors INC. ET AL acquired a new stake in shares of Gabelli Love Our Planet & People ETF in the 4th quarter worth $3,222,000.

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.