Counterpoint Quantitative Equity ETF (NYSE:CPAI) Stock Short Interest Report for October

by · The Markets Daily

Counterpoint Quantitative Equity ETF (NYSE:CPAI – Get Free Report) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totaling 36,564 shares, a decline of 42.0% from the September 30th total of 63,048 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily trading volume, of 80,938 shares, the days-to-cover ratio is presently 0.5 days.

Counterpoint Quantitative Equity ETF Stock Down 2.1%

Shares of CPAI traded down $1.12 on Friday, hitting $52.58. 97,845 shares of the stock traded hands, compared to its average volume of 59,674. The firm has a market capitalization of $530.01 million, a P/E ratio of -63,045.56 and a beta of 1.18. The stock’s 50 day moving average is $52.43 and its two-hundred day moving average is $48.37. Counterpoint Quantitative Equity ETF has a 1 year low of $37.29 and a 1 year high of $53.96.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in CPAI. SLT Holdings LLC grew its position in shares of Counterpoint Quantitative Equity ETF by 0.9% in the third quarter. SLT Holdings LLC now owns 26,037 shares of the company’s stock valued at $1,346,000 after purchasing an additional 228 shares during the period. Western Wealth Management LLC purchased a new position in Counterpoint Quantitative Equity ETF during the first quarter worth about $57,000. Fifth Third Bancorp purchased a new position in Counterpoint Quantitative Equity ETF during the first quarter worth about $72,000. IFP Advisors Inc boosted its stake in Counterpoint Quantitative Equity ETF by 118.8% in the 3rd quarter. IFP Advisors Inc now owns 4,496 shares of the company’s stock worth $232,000 after buying an additional 2,441 shares during the last quarter. Finally, PUREfi Wealth LLC acquired a new stake in Counterpoint Quantitative Equity ETF in the 1st quarter worth about $209,000.

About Counterpoint Quantitative Equity ETF

(Get Free Report)

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.

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