Northern Lights Fund Trust III - Counterpoint Quantitative Equity ETF

Counterpoint Quantitative Equity ETF (NYSE: CPAI - Get Free Report) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 63,048 shares, a growth of 347.2% from the September 15th total of 14,099 shares. Based on an average daily volume of 70,933 shares, the days-to-cover

I upgrade the Counterpoint Quantitative Equity ETF to a Buy, as I believe its AI-informed strategy should secure outperformance versus IVV into 2027. My analysis shows that CPAI's portfolio has advantages over IVV in terms of earnings resilience and GARP profile, with fairly robust quality, which I expect to support its outperformance. CPAI has delivered outstanding results since inception, sporting an almost 8% annualized active return over December 2023–September 2026 (with IVV selected as a benchmark).