Zacks Earnings Consistent Portfolio ETF (BATS:ZECP – Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 81,539 shares, an increase of 99.4% from the August 31st total of 40,890 shares. Currently, 1.1% of the shares of the stock are sold short. Based on an average trading volume of 57,711 shares, the days-to-cover ratio is currently 1.4 days.
Zacks Earnings Consistent Portfolio ETF Stock Down 0.5%
Shares of ZECP opened at $37.11 on Thursday. The company has a 50-day moving average price of $37.85 and a two-hundred day moving average price of $36.83. The stock has a market cap of $286.86 million, a price-to-earnings ratio of 24.24 and a beta of 0.88. Zacks Earnings Consistent Portfolio ETF has a 12 month low of $32.98 and a 12 month high of $38.84.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the stock. Strive Financial Group LLC raised its stake in shares of Zacks Earnings Consistent Portfolio ETF by 268.2% in the second quarter. Strive Financial Group LLC now owns 299,705 shares of the company’s stock worth $11,311,000 after acquiring an additional 218,299 shares during the last quarter. Alteri Wealth LLC increased its holdings in shares of Zacks Earnings Consistent Portfolio ETF by 2.7% in the fourth quarter. Alteri Wealth LLC now owns 78,216 shares of the company’s stock valued at $2,719,000 after purchasing an additional 2,070 shares in the last quarter. Finally, Compass Financial Management LLC bought a new position in Zacks Earnings Consistent Portfolio ETF in the 2nd quarter worth approximately $49,000.
About Zacks Earnings Consistent Portfolio ETF
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.
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