Abacus FCF International Leaders ETF (BATS:ABLG) Sees Significant Decline in Short Interest

Abacus FCF International Leaders ETF (BATS:ABLG) was the recipient of a significant decline in short interest in August. As of August 31st, there was short interest totaling 6 shares, a decline of 96.9% from the August 15th total of 195 shares. Based on an average daily trading volume, of 3,269 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Abacus FCF International Leaders ETF Trading Down 1.3%

Shares of ABLG stock traded down $0.40 during trading hours on Thursday, hitting $31.11. 2,604 shares of the company were exchanged, compared to its average volume of 4,146. The business has a 50 day moving average of $31.40 and a two-hundred day moving average of $31.58. Abacus FCF International Leaders ETF has a 52 week low of $28.62 and a 52 week high of $33.59. The company has a market capitalization of $33.60 million, a PE ratio of 22.54 and a beta of 0.91.

Hedge Funds Weigh In On Abacus FCF International Leaders ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. bought a new position in Abacus FCF International Leaders ETF during the 2nd quarter worth about $25,000. Susquehanna International Group LLP lifted its holdings in shares of Abacus FCF International Leaders ETF by 8.6% in the third quarter. Susquehanna International Group LLP now owns 15,744 shares of the company’s stock valued at $487,000 after purchasing an additional 1,247 shares in the last quarter. Osaic Holdings Inc. acquired a new position in shares of Abacus FCF International Leaders ETF during the second quarter worth about $45,000. JPMorgan Chase & Co. acquired a new position in shares of Abacus FCF International Leaders ETF during the second quarter worth about $62,000. Finally, Jane Street Group LLC acquired a new position in shares of Abacus FCF International Leaders ETF during the second quarter worth about $240,000.

About Abacus FCF International Leaders ETF

The Abacus FCF International Leaders ETF (ABLG) is an exchange-traded fund that mostly invests in total market equity. The fund aims to outperform a broad global ex-US equity index. The actively managed fund selects stocks based on free cash flow. ABLG was launched on Jun 27, 2017 and is issued by FCF Advisors.