Abacus FCF Innovation Leaders ETF (BATS:ABOT) Shares Shorted: Short Interest Down 84.3% in September
by Danessa Lincoln · The Markets DailyAbacus FCF Innovation Leaders ETF (BATS:ABOT – Get Free Report) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totaling 16 shares, a decline of 84.3% from the September 15th total of 102 shares. Based on an average daily trading volume, of 88 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are sold short.
Hedge Funds Weigh In On Abacus FCF Innovation Leaders ETF
An institutional investor recently bought a new position in Abacus FCF Innovation Leaders ETF stock. Cetera Investment Advisers bought a new stake in shares of Abacus FCF Innovation Leaders ETF (BATS:ABOT – Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 6,631 shares of the company’s stock, valued at approximately $220,000. Cetera Investment Advisers owned 3.79% of Abacus FCF Innovation Leaders ETF at the end of the most recent reporting period.
Abacus FCF Innovation Leaders ETF Stock Performance
Shares of BATS ABOT opened at $45.33 on Monday. The stock has a market capitalization of $7.93 million, a PE ratio of 33.48 and a beta of 0.89. Abacus FCF Innovation Leaders ETF has a twelve month low of $32.14 and a twelve month high of $45.33. The stock has a fifty day simple moving average of $43.61 and a 200-day simple moving average of $39.64.
About Abacus FCF Innovation Leaders ETF
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.
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