Abacus FCF Innovation Leaders ETF (BATS:ABOT) Stock Short Interest Declines 84.3%

Abacus FCF Innovation Leaders ETF (BATS:ABOT) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 16 shares, a decrease of 84.3% from the September 15th total of 102 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 88 shares, the days-to-cover ratio is currently 0.2 days.

Abacus FCF Innovation Leaders ETF Stock Performance

Shares of Abacus FCF Innovation Leaders ETF stock opened at $45.33 on Friday. Abacus FCF Innovation Leaders ETF has a one year low of $32.14 and a one year high of $45.33. The company has a market cap of $7.93 million, a P/E ratio of 33.48 and a beta of 0.89. The firm has a fifty day moving average of $43.61 and a two-hundred day moving average of $39.60.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Abacus FCF Innovation Leaders ETF stock. Cetera Investment Advisers purchased a new stake in Abacus FCF Innovation Leaders ETF (BATS:ABOT) in the first quarter, according to the company in its most recent filing with the SEC. The firm purchased 6,631 shares of the company’s stock, valued at approximately $220,000. Cetera Investment Advisers owned approximately 3.79% of Abacus FCF Innovation Leaders ETF as of its most recent SEC filing.

About Abacus FCF Innovation Leaders ETF

The Abacus FCF Innovation Leaders ETF (ABOT) is an exchange-traded fund that is based on the FCF US Quality Innovation index. The fund tracks an index that seeks to provide exposure to US all-cap companies with strong free cash flow and R&D investments. ABOT was launched on Dec 7, 2020 and is issued by Abacus.