Gabelli Love Our Planet & People ETF (NYSEARCA:LOPP) Shares Shorted: Short Interest Down 60.3% in September

Gabelli Love Our Planet & People ETF (NYSEARCA:LOPP) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totaling 169 shares, a decline of 60.3% from the September 15th total of 426 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 89 shares, the days-to-cover ratio is currently 1.9 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Gabelli Love Our Planet & People ETF stock. Gabelli Funds LLC lifted its stake in shares of Gabelli Love Our Planet & People ETF (NYSEARCA:LOPP) by 114.0% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 42,800 shares of the company’s stock after acquiring an additional 22,800 shares during the period. Gabelli Funds LLC owned 10.70% of Gabelli Love Our Planet & People ETF worth $1,484,000 at the end of the most recent reporting period.

Gabelli Love Our Planet & People ETF Stock Up 0.0%

LOPP traded up $0.01 during trading on Tuesday, hitting $35.79. The company’s stock had a trading volume of 291 shares, compared to its average volume of 1,186. The firm has a market capitalization of $14.32 million, a P/E ratio of 18.65 and a beta of 0.95. Gabelli Love Our Planet & People ETF has a twelve month low of $31.75 and a twelve month high of $40.00. The stock’s fifty day moving average price is $36.92 and its 200-day moving average price is $37.26.

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.