AB California Intermediate Municipal ETF (NYSEARCA:CAM – Get Free Report) saw a large drop in short interest during the month of October. As of October 30th, there was short interest totaling 6,903 shares, a drop of 98.0% from the October 15th total of 348,105 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 299,803 shares, the short-interest ratio is currently 0.0 days.
Hedge Funds Weigh In On AB California Intermediate Municipal ETF
Several large investors have recently added to or reduced their stakes in CAM. Bank of America Corp DE grew its holdings in shares of AB California Intermediate Municipal ETF by 7.8% during the 1st quarter. Bank of America Corp DE now owns 362,698 shares of the oil and gas company’s stock worth $9,056,000 after purchasing an additional 26,157 shares in the last quarter. Fifth Third Bancorp acquired a new position in shares of AB California Intermediate Municipal ETF in the first quarter valued at $1,486,000. Commonwealth Equity Services LLC acquired a new position in shares of AB California Intermediate Municipal ETF in the third quarter valued at $1,379,000. JSF Financial LLC raised its stake in shares of AB California Intermediate Municipal ETF by 9.4% in the third quarter. JSF Financial LLC now owns 55,450 shares of the oil and gas company’s stock valued at $1,336,000 after purchasing an additional 4,763 shares in the last quarter. Finally, Lido Advisors LLC bought a new position in AB California Intermediate Municipal ETF in the third quarter worth $775,000. Institutional investors and hedge funds own 85.00% of the company’s stock.
AB California Intermediate Municipal ETF Stock Performance
Shares of NYSEARCA:CAM traded down $0.02 on Tuesday, hitting $24.73. 116,670 shares of the company were exchanged, compared to its average volume of 149,688. The company’s 50 day moving average price is $24.39 and its two-hundred day moving average price is $24.90. AB California Intermediate Municipal ETF has a one year low of $23.94 and a one year high of $25.61. The firm has a market capitalization of $1.25 billion, a price-to-earnings ratio of 7.66 and a beta of -0.26.
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.
Further Reading
- Five stocks we like better than AB California Intermediate Municipal ETF
- Why Kinder Morgan’s Chairman Just Bought $15 Million in Stock
- Rocket Lab’s Record Backlog Could Fuel a Rebound, But Neutron Raises the Stakes
- Don’t Let Their Low Yields Fool You: 3 Dividend Stocks Worth Watching
- A $4 Billion Jolt: NRG Energy Powers Data Center Ambitions
Receive News & Ratings for AB California Intermediate Municipal ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AB California Intermediate Municipal ETF and related companies with MarketBeat.com's FREE daily email newsletter.
