AB California Intermediate Municipal ETF (NYSEARCA:CAM) Stock Short Interest Declines 98.0%

AB California Intermediate Municipal ETF (NYSEARCA:CAM) saw a large decrease in short interest in October. As of October 30th, there was short interest totaling 6,903 shares, a decrease of 98.0% from the October 15th total of 348,105 shares. Based on an average daily trading volume, of 299,803 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

AB California Intermediate Municipal ETF Stock Performance

Shares of NYSEARCA:CAM traded down $0.02 during midday trading on Tuesday, reaching $24.73. 116,670 shares of the company’s stock were exchanged, compared to its average volume of 149,688. The company’s 50 day simple moving average is $24.39 and its two-hundred day simple moving average is $24.90. The firm has a market capitalization of $1.25 billion, a PE ratio of 7.66 and a beta of -0.26. AB California Intermediate Municipal ETF has a 12 month low of $23.94 and a 12 month high of $25.61.

Institutional Trading of AB California Intermediate Municipal ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Fifth Third Bancorp boosted its holdings in AB California Intermediate Municipal ETF by 0.9% during the third quarter. Fifth Third Bancorp now owns 60,010 shares of the oil and gas company’s stock valued at $1,446,000 after purchasing an additional 506 shares in the last quarter. MGO One Seven LLC raised its holdings in shares of AB California Intermediate Municipal ETF by 10.9% in the 3rd quarter. MGO One Seven LLC now owns 20,418 shares of the oil and gas company’s stock worth $492,000 after buying an additional 2,000 shares in the last quarter. JSF Financial LLC raised its holdings in shares of AB California Intermediate Municipal ETF by 9.4% in the 3rd quarter. JSF Financial LLC now owns 55,450 shares of the oil and gas company’s stock worth $1,336,000 after buying an additional 4,763 shares in the last quarter. NWF Advisory Services Inc. acquired a new position in shares of AB California Intermediate Municipal ETF in the 2nd quarter worth approximately $213,000. Finally, Tortoise Investment Management LLC bought a new position in shares of AB California Intermediate Municipal ETF during the 2nd quarter worth approximately $224,000. Institutional investors own 85.00% of the company’s stock.

About AB California Intermediate Municipal ETF

Cameron International Corporation (Cameron), incorporated on November 10, 1994, provides flow equipment products, systems and services to worldwide oil, gas and process industries. The Company operates through four business segments: Subsea, Surface, Drilling and Valves & Measurement (V&M). The Subsea segment delivers integrated solutions, products, systems and services to the subsea oil and gas market, including integrated subsea production systems. Cameron’s Surface segment designs and manufactures wellhead and Christmas tree systemsfor onshore and offshore topside applications – from conventional to high-pressure, high temperature systems, to specialized systems for dry completions and heavy oil.