Abacus FCF Innovation Leaders ETF (BATS:ABOT) Short Interest Up ∞ in June

Abacus FCF Innovation Leaders ETF (BATS:ABOT) was the target of a significant 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 trading volume, of 472 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of ABOT. Bank of America Corp DE purchased a new position in shares of Abacus FCF Innovation Leaders ETF during the second quarter worth about $93,000. Cetera Investment Advisers purchased a new stake in Abacus FCF Innovation Leaders ETF in the first quarter valued at approximately $220,000. Finally, Osaic Holdings Inc. purchased a new stake in Abacus FCF Innovation Leaders ETF in the second quarter valued at approximately $295,000.

Abacus FCF Innovation Leaders ETF Stock Up 0.3%

Shares of BATS ABOT opened at $38.72 on Wednesday. The firm has a market capitalization of $6.78 million, a P/E ratio of 33.48 and a beta of 0.89. The stock’s 50-day simple moving average is $37.73 and its two-hundred day simple moving average is $36.61. Abacus FCF Innovation Leaders ETF has a twelve month low of $32.14 and a twelve month high of $41.94.

Abacus FCF Innovation Leaders ETF Company Profile

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.