Short Interest in Abacus FCF Innovation Leaders ETF (BATS:ABOT) Declines By 43.4%

Abacus FCF Innovation Leaders ETF (BATS:ABOT) was the recipient of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 168 shares, a decline of 43.4% from the August 15th total of 297 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 284 shares, the short-interest ratio is presently 0.6 days.

Institutional Investors Weigh In On Abacus FCF Innovation Leaders ETF

An institutional investor recently bought a new stake in Abacus FCF Innovation Leaders ETF stock. Cetera Investment Advisers acquired a new position in shares of Abacus FCF Innovation Leaders ETF (BATS:ABOT) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 6,631 shares of the company’s stock, valued at approximately $220,000. Cetera Investment Advisers owned approximately 3.79% of Abacus FCF Innovation Leaders ETF as of its most recent filing with the Securities and Exchange Commission.

Abacus FCF Innovation Leaders ETF Price Performance

BATS ABOT opened at $44.03 on Tuesday. The company has a market capitalization of $7.71 million, a P/E ratio of 33.48 and a beta of 0.89. Abacus FCF Innovation Leaders ETF has a 12 month low of $32.14 and a 12 month high of $44.73. The company’s 50 day simple moving average is $42.26 and its 200 day simple moving average is $38.39.

Abacus FCF Innovation Leaders ETF Company Profile

The Abacus FCF Innovation Leaders ETF (ABOT) is an exchange-traded fund that is based on the FCF US Quality Innovation index. The fund tracks an index that seeks to provide exposure to US all-cap companies with strong free cash flow and R&D investments. ABOT was launched on Dec 7, 2020 and is issued by Abacus.