Abacus FCF Real Assets Leaders ETF (BATS:ABLD) Short Interest Up 1,037.3% in July

Abacus FCF Real Assets Leaders ETF (BATS:ABLD) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totaling 40,476 shares, a growth of 1,037.3% from the June 30th total of 3,559 shares. Based on an average trading volume of 9,500 shares, the days-to-cover ratio is currently 4.3 days. Currently, 2.1% of the shares of the stock are short sold.

Institutional Investors Weigh In On Abacus FCF Real Assets Leaders ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Kestra Advisory Services LLC acquired a new stake in shares of Abacus FCF Real Assets Leaders ETF in the fourth quarter worth $33,000. Osaic Holdings Inc. acquired a new position in Abacus FCF Real Assets Leaders ETF in the 2nd quarter valued at $158,000. Quotient Wealth Partners LLC acquired a new position in Abacus FCF Real Assets Leaders ETF in the 1st quarter valued at $261,000. PUREfi Wealth LLC bought a new position in Abacus FCF Real Assets Leaders ETF in the 1st quarter worth $313,000. Finally, Fairvoy Private Wealth LLC bought a new position in Abacus FCF Real Assets Leaders ETF in the 1st quarter worth $322,000.

Abacus FCF Real Assets Leaders ETF Stock Up 0.2%

ABLD opened at $30.88 on Friday. Abacus FCF Real Assets Leaders ETF has a 52 week low of $27.86 and a 52 week high of $34.09. The business’s fifty day simple moving average is $30.52 and its 200 day simple moving average is $31.39. The firm has a market cap of $60.22 million, a P/E ratio of 18.54 and a beta of 0.91.

Abacus FCF Real Assets Leaders ETF Company Profile

The Abacus FCF Real Assets Leaders ETF (ABLD) is an exchange-traded fund that is based on the FCF Yield Enhanced Real Asset index. The fund tracks an index that seeks to provide exposure to US real assets companies of all sizes with strong free cash flow, earnings, and dividend yield. ABLD was launched on Dec 13, 2021 and is issued by Abacus.