Gabelli Love Our Planet & People ETF (NYSEARCA:LOPP – Get Free Report) was the recipient of a large growth in short interest during the month of 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. Based on an average trading volume of 493 shares, the short-interest ratio is presently 8.0 days. Currently, 1.0% of the company’s shares are short sold.
Gabelli Love Our Planet & People ETF Stock Performance
Shares of LOPP stock opened at $37.76 on Monday. Gabelli Love Our Planet & People ETF has a 52-week low of $27.94 and a 52-week high of $39.53. The firm has a market capitalization of $15.10 million, a P/E ratio of 18.65 and a beta of 0.96. The stock has a 50 day moving average price of $36.44 and a 200 day moving average price of $35.20.
Institutional Investors Weigh In On Gabelli Love Our Planet & People ETF
A number of institutional investors and hedge funds have recently modified their holdings of the business. GABELLI & Co INVESTMENT ADVISERS INC. bought a new stake in shares of Gabelli Love Our Planet & People ETF during the 4th quarter worth approximately $202,000. Gabelli Funds LLC bought a new stake in shares of Gabelli Love Our Planet & People ETF during the 4th quarter worth approximately $661,000. Finally, Gamco Investors INC. ET AL bought a new stake in shares of Gabelli Love Our Planet & People ETF during the 4th quarter worth approximately $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.
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