Gabelli Love Our Planet & People ETF (NYSEARCA:LOPP) Short Interest Down 91.0% in May

Gabelli Love Our Planet & People ETF (NYSEARCA:LOPP) was the target of a large decrease in short interest in May. As of May 29th, there was short interest totaling 354 shares, a decrease of 91.0% from the May 14th total of 3,939 shares. Based on an average daily volume of 392 shares, the short-interest ratio is presently 0.9 days. Approximately 0.1% of the company’s stock are short sold.

Gabelli Love Our Planet & People ETF Price Performance

LOPP stock remained flat at $37.68 during trading on Wednesday. 30 shares of the company’s stock were exchanged, compared to its average volume of 1,901. Gabelli Love Our Planet & People ETF has a twelve month low of $27.94 and a twelve month high of $39.53. The stock has a 50 day moving average price of $36.93 and a 200 day moving average price of $35.47. The stock has a market cap of $15.07 million, a P/E ratio of 18.65 and a beta of 0.95.

Institutional Investors Weigh In On Gabelli Love Our Planet & People ETF

A number of institutional investors have recently added to or reduced their stakes in LOPP. Gabelli Funds LLC bought a new stake in Gabelli Love Our Planet & People ETF in the 4th quarter worth about $661,000. Gamco Investors INC. ET AL purchased a new position in Gabelli Love Our Planet & People ETF in the fourth quarter valued at about $3,222,000. Finally, GABELLI & Co INVESTMENT ADVISERS INC. purchased a new position in Gabelli Love Our Planet & People ETF in the fourth quarter valued at about $202,000.

Gabelli Love Our Planet & People ETF Company Profile

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.