Alpha Blue Capital US Small Mid Cap Dynamic ETF (NASDAQ:ABCS) Sees Large Growth in Short Interest

Alpha Blue Capital US Small Mid Cap Dynamic ETF (NASDAQ:ABCS) saw a significant increase in short interest in June. As of June 15th, there was short interest totaling 1,414 shares, an increase of 1,689.9% from the May 31st total of 79 shares. Based on an average daily trading volume, of 1,776 shares, the short-interest ratio is currently 0.8 days. Currently, 0.4% of the shares of the stock are short sold.

Alpha Blue Capital US Small Mid Cap Dynamic ETF Stock Performance

Shares of ABCS stock traded up $0.09 during trading on Thursday, hitting $33.29. The company had a trading volume of 1,155 shares, compared to its average volume of 2,620. The firm has a market capitalization of $11.65 million, a P/E ratio of 14.18 and a beta of 0.85. Alpha Blue Capital US Small Mid Cap Dynamic ETF has a one year low of $28.19 and a one year high of $33.47. The stock’s 50-day moving average price is $32.25 and its 200 day moving average price is $31.30.

Alpha Blue Capital US Small Mid Cap Dynamic ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 30th were issued a $0.043 dividend. The ex-dividend date of this dividend was Monday, March 30th.

About Alpha Blue Capital US Small Mid Cap Dynamic ETF

The Alpha Blue Capital US Small-Mid Cap Dynamic ETF (ABCS) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed fund-of-funds that aims for long-term capital appreciation by investing in US small- and mid-cap stocks and ETFs. ABCS was launched on Dec 20, 2023 and is issued by Alpha.