Adasina Social Justice All Cap Global ETF (NYSEARCA:JSTC) Sees Significant Drop in Short Interest

Adasina Social Justice All Cap Global ETF (NYSEARCA:JSTC) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 5,541 shares, a drop of 40.8% from the July 15th total of 9,361 shares. Based on an average trading volume of 51,854 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Adasina Social Justice All Cap Global ETF Price Performance

Shares of JSTC stock traded up $0.13 during midday trading on Wednesday, hitting $23.05. The company had a trading volume of 2,236 shares, compared to its average volume of 25,829. The stock has a market cap of $304.26 million, a price-to-earnings ratio of 20.61 and a beta of 0.87. The company’s 50 day simple moving average is $22.66 and its 200 day simple moving average is $21.49. Adasina Social Justice All Cap Global ETF has a 52-week low of $18.90 and a 52-week high of $23.63.

Hedge Funds Weigh In On Adasina Social Justice All Cap Global ETF

An institutional investor recently raised its stake in Adasina Social Justice All Cap Global ETF stock. Abacus Wealth Partners LLC raised its position in Adasina Social Justice All Cap Global ETF (NYSEARCA:JSTC) by 9.0% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,804,540 shares of the company’s stock after buying an additional 231,309 shares during the quarter. Adasina Social Justice All Cap Global ETF comprises about 5.6% of Abacus Wealth Partners LLC’s holdings, making the stock its 5th largest position. Abacus Wealth Partners LLC owned approximately 21.57% of Adasina Social Justice All Cap Global ETF worth $56,904,000 at the end of the most recent reporting period.

About Adasina Social Justice All Cap Global ETF

The Adasina Social Justice All Cap Global ETF (JSTC) is an exchange-traded fund that is based on the Adasina Social Justice index. The fund is an actively managed fund of global companies screened for social justice criteria. JSTC was launched on Dec 10, 2020 and is managed by Adasina.