Short Interest in Zacks Earnings Consistent Portfolio ETF (BATS:ZECP) Declines By 52.1%

Zacks Earnings Consistent Portfolio ETF (BATS:ZECP) was the target of a significant decline in short interest in May. As of May 29th, there was short interest totaling 29,173 shares, a decline of 52.1% from the May 14th total of 60,929 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 45,348 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Investors Weigh In On Zacks Earnings Consistent Portfolio ETF

A number of large investors have recently modified their holdings of ZECP. Cornerstone Planning Group LLC purchased a new stake in shares of Zacks Earnings Consistent Portfolio ETF during the fourth quarter worth about $63,000. CoreCap Advisors LLC grew its stake in shares of Zacks Earnings Consistent Portfolio ETF by 5,529.2% during the fourth quarter. CoreCap Advisors LLC now owns 5,010 shares of the company’s stock worth $174,000 after acquiring an additional 4,921 shares during the last quarter. Flow Traders U.S. LLC purchased a new stake in shares of Zacks Earnings Consistent Portfolio ETF during the third quarter worth about $545,000. Rossby Financial LCC grew its stake in shares of Zacks Earnings Consistent Portfolio ETF by 1.7% during the third quarter. Rossby Financial LCC now owns 19,612 shares of the company’s stock worth $662,000 after acquiring an additional 327 shares during the last quarter. Finally, Alteri Wealth LLC grew its stake in shares of Zacks Earnings Consistent Portfolio ETF by 52.2% during the third quarter. Alteri Wealth LLC now owns 76,146 shares of the company’s stock worth $2,560,000 after acquiring an additional 26,101 shares during the last quarter.

Zacks Earnings Consistent Portfolio ETF Stock Performance

Shares of Zacks Earnings Consistent Portfolio ETF stock opened at $37.26 on Friday. The company has a market capitalization of $288.02 million, a PE ratio of 24.24 and a beta of 0.88. The company has a 50-day simple moving average of $36.26 and a two-hundred day simple moving average of $35.51. Zacks Earnings Consistent Portfolio ETF has a one year low of $30.78 and a one year high of $37.53.

Zacks Earnings Consistent Portfolio ETF Company Profile

The Zacks Earnings Consistent Portfolio ETF (ZECP) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in companies that exhibit high stability through recessionary periods. ZECP was launched on Aug 24, 2021 and is managed by Zacks.