Abacus FCF Real Assets Leaders ETF (BATS:ABLD) Sees Significant Increase in Short Interest

Abacus FCF Real Assets Leaders ETF (BATS:ABLDGet Free Report) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 24,902 shares, a growth of 316.1% from the May 31st total of 5,984 shares. Based on an average trading volume of 5,607 shares, the short-interest ratio is currently 4.4 days. Approximately 1.3% of the company’s stock are sold short.

Abacus FCF Real Assets Leaders ETF Price Performance

Shares of BATS ABLD opened at $30.13 on Friday. The company has a market capitalization of $58.75 million, a price-to-earnings ratio of 18.54 and a beta of 0.91. The business has a 50-day moving average of $31.26 and a two-hundred day moving average of $31.24. Abacus FCF Real Assets Leaders ETF has a 1 year low of $27.86 and a 1 year high of $34.09.

Institutional Investors Weigh In On Abacus FCF Real Assets Leaders ETF

Several hedge funds and other institutional investors have recently made changes to their positions in ABLD. PUREfi Wealth LLC purchased a new stake in Abacus FCF Real Assets Leaders ETF during the first quarter worth approximately $313,000. Unique Wealth LLC increased its stake in Abacus FCF Real Assets Leaders ETF by 137.2% in the first quarter. Unique Wealth LLC now owns 173,945 shares of the company’s stock valued at $5,432,000 after purchasing an additional 100,618 shares during the last quarter. Fairvoy Private Wealth LLC acquired a new stake in Abacus FCF Real Assets Leaders ETF during the 1st quarter worth $322,000. Quotient Wealth Partners LLC acquired a new position in Abacus FCF Real Assets Leaders ETF in the first quarter valued at $261,000. Finally, Virtu Financial LLC purchased a new position in shares of Abacus FCF Real Assets Leaders ETF during the fourth quarter worth about $649,000.

Abacus FCF Real Assets Leaders ETF Company Profile

(Get Free Report)

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.

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