Abacus FCF Innovation Leaders ETF (BATS:ABOT) Shares Shorted: Short Interest Down 82.2% in October

Abacus FCF Innovation Leaders ETF (BATS:ABOT) was the recipient of a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 31 shares, a decline of 82.2% from the October 15th total of 174 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 498 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Abacus FCF Innovation Leaders ETF

A hedge fund 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 the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 6,631 shares of the company’s stock, valued at approximately $220,000. Cetera Investment Advisers owned about 3.79% of Abacus FCF Innovation Leaders ETF as of its most recent filing with the Securities & Exchange Commission.

Abacus FCF Innovation Leaders ETF Stock Down 0.3%

Shares of ABOT opened at $43.46 on Friday. The stock has a 50 day moving average price of $44.28 and a 200 day moving average price of $39.39. The company has a market capitalization of $4.35 million, a price-to-earnings ratio of 27.98 and a beta of 0.92. Abacus FCF Innovation Leaders ETF has a 52-week low of $32.14 and a 52-week high of $46.73.

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.