Short Interest in Abacus FCF Innovation Leaders ETF (BATS:ABOT) Expands By 29,600.0%

Abacus FCF Innovation Leaders ETF (BATS:ABOT) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 297 shares, an increase of 29,600.0% from the July 30th total of 1 shares. Based on an average daily volume of 331 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.2% of the company’s stock are short sold.

Institutional Investors Weigh In On Abacus FCF Innovation Leaders ETF

Institutional investors have recently modified their holdings of the business. Osaic Holdings Inc. purchased a new stake in shares of Abacus FCF Innovation Leaders ETF during the 2nd quarter valued at about $295,000. Cetera Investment Advisers bought a new stake in shares of Abacus FCF Innovation Leaders ETF during the 1st quarter valued at about $220,000. Finally, Bank of America Corp DE purchased a new stake in shares of Abacus FCF Innovation Leaders ETF during the 2nd quarter valued at about $93,000.

Abacus FCF Innovation Leaders ETF Stock Down 0.2%

Shares of BATS ABOT traded down $0.09 during trading on Tuesday, reaching $43.77. The company had a trading volume of 350 shares, compared to its average volume of 363. The stock has a market cap of $7.66 million, a PE ratio of 33.48 and a beta of 0.89. The business’s 50-day moving average is $40.63 and its 200 day moving average is $37.40. Abacus FCF Innovation Leaders ETF has a 12-month low of $32.14 and a 12-month high of $44.35.

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.