Alpha Blue Capital US Small Mid Cap Dynamic ETF (NASDAQ:ABCS) Sees Large Drop in Short Interest

Alpha Blue Capital US Small Mid Cap Dynamic ETF (NASDAQ:ABCS) was the target of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 953 shares, a decline of 54.7% from the July 15th total of 2,103 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 2,066 shares, the short-interest ratio is presently 0.5 days.

Alpha Blue Capital US Small Mid Cap Dynamic ETF Price Performance

Alpha Blue Capital US Small Mid Cap Dynamic ETF stock traded down $0.04 during trading hours on Friday, hitting $36.51. The company had a trading volume of 1,233 shares, compared to its average volume of 2,519. The firm has a market cap of $12.78 million, a PE ratio of 14.18 and a beta of 0.78. Alpha Blue Capital US Small Mid Cap Dynamic ETF has a one year low of $28.47 and a one year high of $36.56. The firm has a 50-day moving average of $34.32 and a 200 day moving average of $32.29.

Alpha Blue Capital US Small Mid Cap Dynamic ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 29th were given a $0.0983 dividend. The ex-dividend date of this dividend was Monday, June 29th. This is a positive change from Alpha Blue Capital US Small Mid Cap Dynamic ETF’s previous dividend of $0.04.

Alpha Blue Capital US Small Mid Cap Dynamic ETF Company Profile

The Alpha Blue Capital US Small-Mid Cap Dynamic ETF (ABCS) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed fund-of-funds that aims for long-term capital appreciation by investing in US small- and mid-cap stocks and ETFs. ABCS was launched on Dec 20, 2023 and is issued by Alpha.