Abacus FCF Real Assets Leaders ETF (BATS:ABLD) Short Interest Up 1,037.3% in July

Abacus FCF Real Assets Leaders ETF (BATS:ABLD) was the target of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 40,476 shares, an increase of 1,037.3% from the June 30th total of 3,559 shares. Approximately 2.1% of the company’s stock are sold short. Based on an average daily volume of 9,500 shares, the short-interest ratio is currently 4.3 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Virtu Financial LLC acquired a new stake in shares of Abacus FCF Real Assets Leaders ETF during the 4th quarter worth about $649,000. Unique Wealth LLC boosted its holdings in Abacus FCF Real Assets Leaders ETF by 137.2% in the first quarter. Unique Wealth LLC now owns 173,945 shares of the company’s stock valued at $5,432,000 after purchasing an additional 100,618 shares in the last quarter. Fairvoy Private Wealth LLC acquired a new position in Abacus FCF Real Assets Leaders ETF in the first quarter valued at approximately $322,000. Quotient Wealth Partners LLC purchased a new position in Abacus FCF Real Assets Leaders ETF in the first quarter valued at approximately $261,000. Finally, Osaic Holdings Inc. purchased a new position in Abacus FCF Real Assets Leaders ETF in the second quarter valued at approximately $158,000.

Abacus FCF Real Assets Leaders ETF Price Performance

BATS:ABLD opened at $30.88 on Friday. The firm has a market capitalization of $60.22 million, a PE ratio of 18.54 and a beta of 0.91. The business’s fifty day moving average price is $30.52 and its 200 day moving average price is $31.39. Abacus FCF Real Assets Leaders ETF has a 12 month low of $27.86 and a 12 month high of $34.09.

Abacus FCF Real Assets Leaders ETF Company Profile

The Abacus FCF Real Assets Leaders ETF (ABLD) is an exchange-traded fund that is based on the FCF Yield Enhanced Real Asset index. The fund tracks an index that seeks to provide exposure to US real assets companies of all sizes with strong free cash flow, earnings, and dividend yield. ABLD was launched on Dec 13, 2021 and is issued by Abacus.