Abacus FCF Innovation Leaders ETF (BATS:ABOT) Sees Large Increase in Short Interest

Abacus FCF Innovation Leaders ETF (BATS:ABOT) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 56 shares, an increase of ? from the May 31st total of 0 shares. Based on an average daily volume of 472 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On Abacus FCF Innovation Leaders ETF

Several large investors have recently added to or reduced their stakes in the business. Osaic Holdings Inc. bought a new stake in Abacus FCF Innovation Leaders ETF during the 2nd quarter worth approximately $295,000. Cetera Investment Advisers bought a new position in shares of Abacus FCF Innovation Leaders ETF in the first quarter valued at approximately $220,000. Finally, Bank of America Corp DE bought a new position in shares of Abacus FCF Innovation Leaders ETF in the second quarter valued at approximately $93,000.

Abacus FCF Innovation Leaders ETF Trading Up 1.8%

Shares of ABOT stock opened at $39.43 on Thursday. The firm has a fifty day simple moving average of $37.81 and a two-hundred day simple moving average of $36.60. Abacus FCF Innovation Leaders ETF has a 12 month low of $32.14 and a 12 month high of $41.94. The firm has a market capitalization of $6.90 million, a PE ratio of 33.48 and a beta of 0.89.

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.