Absolute Select Value ETF (NYSEARCA:ABEQ) Stock Short Interest Report for September

Absolute Select Value ETF (NYSEARCA:ABEQ) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 4,297 shares, a decrease of 76.3% from the September 15th total of 18,129 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 12,240 shares, the days-to-cover ratio is presently 0.4 days.

Absolute Select Value ETF Price Performance

Shares of NYSEARCA:ABEQ opened at $37.82 on Friday. The company’s fifty day moving average price is $38.51 and its 200 day moving average price is $37.91. Absolute Select Value ETF has a 12 month low of $34.31 and a 12 month high of $40.08. The firm has a market capitalization of $139.93 million, a P/E ratio of 18.77 and a beta of 0.45.

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.