Counterpoint Quantitative Equity ETF (NYSE:CPAI) Short Interest Update

Counterpoint Quantitative Equity ETF (NYSE:CPAI) saw a significant decrease in short interest in September. As of September 15th, there was short interest totaling 14,099 shares, a decrease of 75.0% from the August 31st total of 56,323 shares. Based on an average daily volume of 57,065 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

Counterpoint Quantitative Equity ETF Trading Up 0.4%

Shares of CPAI stock traded up $0.21 during trading hours on Friday, hitting $52.36. The company’s stock had a trading volume of 178,743 shares, compared to its average volume of 57,228. The stock has a market cap of $466.00 million, a price-to-earnings ratio of -62,780.58 and a beta of 1.19. The business has a fifty day moving average of $51.73 and a 200-day moving average of $48.82. Counterpoint Quantitative Equity ETF has a twelve month low of $37.29 and a twelve month high of $53.96.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. IFP Advisors Inc lifted its position in Counterpoint Quantitative Equity ETF by 228.3% in the fourth quarter. IFP Advisors Inc now owns 906 shares of the company’s stock worth $36,000 after purchasing an additional 630 shares during the period. Western Wealth Management LLC acquired a new position in shares of Counterpoint Quantitative Equity ETF during the 1st quarter valued at $57,000. Fifth Third Bancorp bought a new stake in shares of Counterpoint Quantitative Equity ETF in the 1st quarter worth $72,000. PUREfi Wealth LLC bought a new stake in shares of Counterpoint Quantitative Equity ETF in the 1st quarter worth $209,000. Finally, Hilltop Holdings Inc. acquired a new stake in shares of Counterpoint Quantitative Equity ETF in the first quarter valued at $459,000.

Counterpoint Quantitative Equity ETF Company Profile

The Counterpoint Quantitative Equity ETF (CPAI) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital appreciation through a quantitative, model-based approach to select US stocks of any market capitalization. CPAI was launched on Nov 28, 2023 and is issued by Counterpoint.