Short Interest in Gabelli Commercial Aerospace & Defense ETF (NYSEARCA:GCAD) Declines By 45.7%

Posted by Paula Ricardo on May 18th, 2026

Gabelli Commercial Aerospace & Defense ETF (NYSEARCA:GCAD – Get Free Report) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totaling 1,365 shares, a drop of 45.7% from the April 15th total of 2,514 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 3,020 shares, the days-to-cover ratio is presently 0.5 days.

Gabelli Commercial Aerospace & Defense ETF Price Performance

Gabelli Commercial Aerospace & Defense ETF stock traded up $0.57 during trading on Monday, reaching $51.31. 3,195 shares of the company were exchanged, compared to its average volume of 5,291. Gabelli Commercial Aerospace & Defense ETF has a 52-week low of $37.85 and a 52-week high of $56.99. The company has a market capitalization of $30.79 million, a P/E ratio of 29.49 and a beta of 0.86. The stock’s 50 day simple moving average is $51.71 and its two-hundred day simple moving average is $50.10.

Institutional Investors Weigh In On Gabelli Commercial Aerospace & Defense ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GCAD. Gabelli Funds LLC acquired a new stake in Gabelli Commercial Aerospace & Defense ETF during the fourth quarter worth $696,000. Gamco Investors INC. ET AL grew its stake in shares of Gabelli Commercial Aerospace & Defense ETF by 218.6% in the fourth quarter. Gamco Investors INC. ET AL now owns 154,194 shares of the company’s stock valued at $7,158,000 after buying an additional 105,800 shares in the last quarter. Finally, Parallel Advisors LLC acquired a new stake in shares of Gabelli Commercial Aerospace & Defense ETF in the first quarter valued at $30,000.

About Gabelli Commercial Aerospace & Defense ETF

(Get Free Report)

The Gabelli Commercial Aerospace & Defense ETF (GCAD) is an exchange-traded fund that mostly invests in industrials equity. The fund is an actively managed, non-transparent ETF that invests in income-producing equities in the US aerospace and defense industry. The fund utilizes the Precidian non-transparent model GCAD was launched on Jan 3, 2023 and is managed by Gabelli.