Abacus FCF International Leaders ETF (BATS:ABLG) Short Interest Down 80.8% in May

Abacus FCF International Leaders ETF (BATS:ABLG) was the target of a large drop in short interest in May. As of May 29th, there was short interest totaling 10 shares, a drop of 80.8% from the May 14th total of 52 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 326 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On Abacus FCF International Leaders ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Susquehanna International Group LLP raised its position in shares of Abacus FCF International Leaders ETF by 8.6% in the 3rd quarter. Susquehanna International Group LLP now owns 15,744 shares of the company’s stock worth $487,000 after acquiring an additional 1,247 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in Abacus FCF International Leaders ETF by 3.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 159,720 shares of the company’s stock valued at $4,941,000 after purchasing an additional 4,783 shares during the last quarter. Osaic Holdings Inc. acquired a new position in shares of Abacus FCF International Leaders ETF in the 2nd quarter valued at about $45,000. Jane Street Group LLC acquired a new position in shares of Abacus FCF International Leaders ETF in the 2nd quarter valued at about $240,000. Finally, Raymond James Financial Inc. acquired a new position in shares of Abacus FCF International Leaders ETF in the 2nd quarter valued at about $25,000.

Abacus FCF International Leaders ETF Stock Performance

Shares of Abacus FCF International Leaders ETF stock opened at $30.85 on Thursday. The stock has a market cap of $33.32 million, a price-to-earnings ratio of 22.54 and a beta of 0.91. The stock has a 50 day moving average price of $31.82 and a 200-day moving average price of $31.78. Abacus FCF International Leaders ETF has a one year low of $28.62 and a one year high of $33.18.

Abacus FCF International Leaders ETF Company Profile

The Abacus FCF International Leaders ETF (ABLG) is an exchange-traded fund that mostly invests in total market equity. The fund aims to outperform a broad global ex-US equity index. The actively managed fund selects stocks based on free cash flow. ABLG was launched on Jun 27, 2017 and is issued by FCF Advisors.