Zacks Earnings Consistent Portfolio ETF (BATS:ZECP) Short Interest Up 100.4% in June

Zacks Earnings Consistent Portfolio ETF (BATS:ZECP) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 58,453 shares, an increase of 100.4% from the May 31st total of 29,173 shares. Based on an average daily volume of 52,785 shares, the short-interest ratio is presently 1.1 days. Approximately 0.8% of the company’s shares are sold short.

Zacks Earnings Consistent Portfolio ETF Price Performance

ZECP opened at $37.74 on Wednesday. The business has a 50 day simple moving average of $36.80 and a two-hundred day simple moving average of $35.70. The firm has a market capitalization of $291.73 million, a price-to-earnings ratio of 24.24 and a beta of 0.88. Zacks Earnings Consistent Portfolio ETF has a one year low of $31.76 and a one year high of $37.81.

Hedge Funds Weigh In On Zacks Earnings Consistent Portfolio ETF

Several hedge funds have recently made changes to their positions in the business. Cornerstone Planning Group LLC bought a new position in shares of Zacks Earnings Consistent Portfolio ETF during the fourth quarter valued at approximately $63,000. CoreCap Advisors LLC boosted its holdings 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 valued at $174,000 after acquiring 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 valued at $545,000. Rossby Financial LCC increased its position in Zacks Earnings Consistent Portfolio ETF by 39.6% during the 4th quarter. Rossby Financial LCC now owns 27,381 shares of the company’s stock valued at $952,000 after purchasing an additional 7,769 shares during the period. Finally, Alteri Wealth LLC increased its position in Zacks Earnings Consistent Portfolio ETF by 2.7% during the 4th 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 during the period.

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.