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

Alpha Blue Capital US Small Mid Cap Dynamic ETF (NASDAQ:ABCS) was the target of a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 1,175 shares, a drop of 62.4% from the August 31st total of 3,121 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,316 shares, the days-to-cover ratio is presently 0.5 days.

Alpha Blue Capital US Small Mid Cap Dynamic ETF Stock Down 0.7%

Shares of Alpha Blue Capital US Small Mid Cap Dynamic ETF stock traded down $0.23 during trading hours on Tuesday, hitting $33.39. 1,013 shares of the company’s stock traded hands, compared to its average volume of 2,436. The company has a market cap of $12.35 million, a PE ratio of 14.18 and a beta of 0.78. The stock has a 50 day simple moving average of $35.43 and a 200-day simple moving average of $33.19. Alpha Blue Capital US Small Mid Cap Dynamic ETF has a twelve month low of $28.47 and a twelve month high of $36.56.

Alpha Blue Capital US Small Mid Cap Dynamic ETF Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, September 28th will be issued a $0.0891 dividend. This is a decrease from Alpha Blue Capital US Small Mid Cap Dynamic ETF’s previous quarterly dividend of $0.0983. The ex-dividend date is Monday, September 28th. This represents a $0.36 annualized dividend and a yield of 1.1%.

About Alpha Blue Capital US Small Mid Cap Dynamic ETF

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.