Short Interest in Zacks Earnings Consistent Portfolio ETF (BATS:ZECP) Declines By 52.1%

Zacks Earnings Consistent Portfolio ETF (BATS:ZECP) was the target of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 29,173 shares, a drop of 52.1% from the May 14th total of 60,929 shares. Based on an average daily volume of 45,348 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.4% of the company’s shares are short sold.

Institutional Trading of Zacks Earnings Consistent Portfolio ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Cornerstone Planning Group LLC bought a new stake in shares of Zacks Earnings Consistent Portfolio ETF during the fourth quarter worth $63,000. CoreCap Advisors LLC grew its stake in Zacks Earnings Consistent Portfolio ETF by 5,529.2% in the fourth quarter. CoreCap Advisors LLC now owns 5,010 shares of the company’s stock worth $174,000 after purchasing an additional 4,921 shares in the last quarter. Flow Traders U.S. LLC purchased a new position in Zacks Earnings Consistent Portfolio ETF during the 3rd quarter worth $545,000. Rossby Financial LCC increased its holdings in Zacks Earnings Consistent Portfolio ETF by 1.7% during the 3rd quarter. Rossby Financial LCC now owns 19,612 shares of the company’s stock worth $662,000 after purchasing an additional 327 shares during the period. Finally, Alteri Wealth LLC increased its holdings in Zacks Earnings Consistent Portfolio ETF by 52.2% during the 3rd quarter. Alteri Wealth LLC now owns 76,146 shares of the company’s stock worth $2,560,000 after purchasing an additional 26,101 shares during the period.

Zacks Earnings Consistent Portfolio ETF Trading Up 0.4%

BATS:ZECP opened at $37.26 on Friday. Zacks Earnings Consistent Portfolio ETF has a twelve month low of $30.78 and a twelve month high of $37.53. The company has a market cap of $288.02 million, a price-to-earnings ratio of 24.24 and a beta of 0.88. The stock has a fifty day simple moving average of $36.26 and a 200-day simple moving average of $35.51.

Zacks Earnings Consistent Portfolio ETF Company Profile

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.