Counterpoint Quantitative Equity ETF (NYSE:CPAI) Short Interest Update

Counterpoint Quantitative Equity ETF (NYSE:CPAI) saw a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 14,099 shares, a drop of 75.0% from the August 31st total of 56,323 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 57,065 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. IFP Advisors Inc increased its holdings in Counterpoint Quantitative Equity ETF by 228.3% in the 4th quarter. IFP Advisors Inc now owns 906 shares of the company’s stock worth $36,000 after acquiring an additional 630 shares during the last quarter. Western Wealth Management LLC purchased a new stake in Counterpoint Quantitative Equity ETF during the first quarter valued at about $57,000. Fifth Third Bancorp purchased a new stake in Counterpoint Quantitative Equity ETF during the first quarter valued at about $72,000. PUREfi Wealth LLC bought a new position in Counterpoint Quantitative Equity ETF during the first quarter worth about $209,000. Finally, Hilltop Holdings Inc. bought a new position in Counterpoint Quantitative Equity ETF during the first quarter worth about $459,000.

Counterpoint Quantitative Equity ETF Stock Performance

NYSE CPAI traded down $0.74 on Monday, hitting $51.62. 24,599 shares of the stock traded hands, compared to its average volume of 57,051. The business’s fifty day moving average is $51.73 and its two-hundred day moving average is $48.86. Counterpoint Quantitative Equity ETF has a 12 month low of $37.29 and a 12 month high of $53.96. The firm has a market capitalization of $459.39 million, a price-to-earnings ratio of -61,890.89 and a beta of 1.19.

Counterpoint Quantitative Equity ETF Company Profile

The Counterpoint Quantitative Equity ETF (CPAI) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital appreciation through a quantitative, model-based approach to select US stocks of any market capitalization. CPAI was launched on Nov 28, 2023 and is issued by Counterpoint.