Counterpoint Quantitative Equity ETF (NYSE:CPAI) Stock Short Interest Report for September

Counterpoint Quantitative Equity ETF (NYSE:CPAI) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 63,048 shares, an increase of 347.2% from the September 15th total of 14,099 shares. Based on an average daily volume of 70,933 shares, the short-interest ratio is presently 0.9 days. Currently, 0.7% of the company’s shares are short sold.

Counterpoint Quantitative Equity ETF Stock Down 0.7%

Counterpoint Quantitative Equity ETF stock traded down $0.37 during midday trading on Monday, reaching $52.93. The stock had a trading volume of 95,973 shares, compared to its average volume of 58,273. Counterpoint Quantitative Equity ETF has a 52-week low of $37.29 and a 52-week high of $53.96. The firm has a market cap of $490.13 million, a price-to-earnings ratio of -63,465.23 and a beta of 1.18. The company has a fifty day moving average of $52.19 and a 200 day moving average of $49.60.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Counterpoint Mutual Funds LLC increased its stake in Counterpoint Quantitative Equity ETF by 5.3% in the first quarter. Counterpoint Mutual Funds LLC now owns 1,549,616 shares of the company’s stock worth $64,758,000 after purchasing an additional 78,500 shares during the period. Nilsine Partners LLC lifted its position in shares of Counterpoint Quantitative Equity ETF by 3.6% during the second quarter. Nilsine Partners LLC now owns 229,706 shares of the company’s stock worth $11,936,000 after purchasing an additional 8,084 shares during the last quarter. NewEdge Advisors LLC boosted its stake in shares of Counterpoint Quantitative Equity ETF by 230.6% during the second quarter. NewEdge Advisors LLC now owns 111,269 shares of the company’s stock valued at $5,782,000 after purchasing an additional 77,610 shares during the period. Concurrent Investment Advisors LLC boosted its stake in shares of Counterpoint Quantitative Equity ETF by 8.2% during the second quarter. Concurrent Investment Advisors LLC now owns 100,854 shares of the company’s stock valued at $5,240,000 after purchasing an additional 7,641 shares during the period. Finally, Cetera Investment Advisers boosted its stake in shares of Counterpoint Quantitative Equity ETF by 65.1% during the first quarter. Cetera Investment Advisers now owns 107,891 shares of the company’s stock valued at $4,509,000 after purchasing an additional 42,559 shares during the period.

About Counterpoint Quantitative Equity ETF

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.