Absolute Select Value ETF (NYSEARCA:ABEQ) Short Interest Update

Absolute Select Value ETF (NYSEARCA:ABEQ) saw a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 6,333 shares, a drop of 37.5% from the November 30th total of 10,134 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 14,662 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 14,662 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the shares of the company are sold short.

Absolute Select Value ETF Trading Down 0.1%

Shares of ABEQ stock traded down $0.03 during mid-day trading on Friday, reaching $36.49. The stock had a trading volume of 1,745 shares, compared to its average volume of 9,784. Absolute Select Value ETF has a 1-year low of $30.86 and a 1-year high of $36.56. The firm has a market cap of $121.51 million, a price-to-earnings ratio of 18.77 and a beta of 0.53. The business’s fifty day moving average is $35.65 and its 200-day moving average is $35.21.

About Absolute Select Value ETF

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.