Absolute Select Value ETF (NYSEARCA:ABEQ) Shares Shorted: Short Interest Down 75.9% in October

Absolute Select Value ETF (NYSEARCA:ABEQ – Get Free Report) saw a large drop in short interest in October. As of October 30th, there was short interest totaling 1,081 shares, a drop of 75.9% from the October 15th total of 4,491 shares. Based on an average daily volume of 8,926 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Absolute Select Value ETF Trading Up 0.2%

ABEQ opened at $40.15 on Thursday. The stock has a market cap of $149.36 million, a PE ratio of 18.38 and a beta of 0.45. Absolute Select Value ETF has a 1 year low of $35.21 and a 1 year high of $40.19. The stock’s 50 day simple moving average is $38.60 and its 200-day simple moving average is $38.19.

About Absolute Select Value ETF

(Get Free Report)

The Absolute Select Value ETF (ABEQ) is an exchange-traded fund that is based on the SSGA Total Stock Market index. The fund is an actively-managed portfolio of US stocks seeking positive absolute returns. ABEQ was launched on Jan 22, 2020 and is managed by Absolute.

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