Gabelli Love Our Planet & People ETF (NYSEARCA:LOPP) Short Interest Up 288.0% in April

Gabelli Love Our Planet & People ETF (NYSEARCA:LOPP) was the target of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 1,874 shares, an increase of 288.0% from the April 15th total of 483 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average daily trading volume, of 544 shares, the days-to-cover ratio is currently 3.4 days.

Hedge Funds Weigh In On Gabelli Love Our Planet & People ETF

Several institutional investors and hedge funds have recently modified their holdings of LOPP. GABELLI & Co INVESTMENT ADVISERS INC. acquired a new stake in Gabelli Love Our Planet & People ETF during the fourth quarter valued at $202,000. Gabelli Funds LLC acquired a new stake in Gabelli Love Our Planet & People ETF during the fourth quarter valued at $661,000. Finally, Gamco Investors INC. ET AL acquired a new stake in Gabelli Love Our Planet & People ETF during the fourth quarter valued at $3,222,000.

Gabelli Love Our Planet & People ETF Stock Down 0.4%

Shares of LOPP stock traded down $0.17 on Wednesday, hitting $37.76. The company had a trading volume of 6 shares, compared to its average volume of 2,212. The firm has a market cap of $15.10 million, a P/E ratio of 18.65 and a beta of 0.96. The company has a 50-day moving average price of $35.94 and a 200-day moving average price of $34.85. Gabelli Love Our Planet & People ETF has a twelve month low of $27.94 and a twelve month high of $39.53.

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.