AB California Intermediate Municipal ETF (NYSEARCA:CAM) Short Interest Down 83.3% in August

AB California Intermediate Municipal ETF (NYSEARCA:CAM) was the recipient of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 1,800 shares, a decrease of 83.3% from the July 30th total of 10,752 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 162,973 shares, the days-to-cover ratio is currently 0.0 days.

AB California Intermediate Municipal ETF Stock Down 0.1%

CAM stock traded down $0.02 during midday trading on Thursday, hitting $24.86. 61,096 shares of the company traded hands, compared to its average volume of 106,396. AB California Intermediate Municipal ETF has a twelve month low of $24.73 and a twelve month high of $25.61. The business has a 50 day simple moving average of $24.96 and a 200-day simple moving average of $25.06. The stock has a market capitalization of $1.21 billion, a price-to-earnings ratio of 7.70 and a beta of -0.22.

Hedge Funds Weigh In On AB California Intermediate Municipal ETF

A number of institutional investors and hedge funds have recently bought and sold shares of CAM. NWF Advisory Services Inc. bought a new position in shares of AB California Intermediate Municipal ETF during the 2nd quarter worth about $213,000. Diversify Wealth Management LLC bought a new position in shares of AB California Intermediate Municipal ETF in the first quarter valued at approximately $301,000. Sanctuary Advisors LLC bought a new position in AB California Intermediate Municipal ETF in the 1st quarter valued at $311,000. Retirement Planning Group LLC acquired a new position in AB California Intermediate Municipal ETF during the 1st quarter worth about $513,000. Finally, Fifth Third Bancorp acquired a new position in shares of AB California Intermediate Municipal ETF during the first quarter worth approximately $1,486,000. Institutional investors own 85.00% of the company’s stock.

About AB California Intermediate Municipal ETF

Cameron International Corporation (Cameron), incorporated on November 10, 1994, provides flow equipment products, systems and services to worldwide oil, gas and process industries. The Company operates through four business segments: Subsea, Surface, Drilling and Valves & Measurement (V&M). The Subsea segment delivers integrated solutions, products, systems and services to the subsea oil and gas market, including integrated subsea production systems. Cameron’s Surface segment designs and manufactures wellhead and Christmas tree systemsfor onshore and offshore topside applications – from conventional to high-pressure, high temperature systems, to specialized systems for dry completions and heavy oil.