Short Interest in abrdn Focused U.S. Small Cap Active ETF (NASDAQ:AFSC) Drops By 54.1%

abrdn Focused U.S. Small Cap Active ETF (NASDAQ:AFSC) was the target of a large drop in short interest in July. As of July 31st, there was short interest totaling 691 shares, a drop of 54.1% from the July 15th total of 1,504 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 173 shares, the days-to-cover ratio is presently 4.0 days.

abrdn Focused U.S. Small Cap Active ETF Trading Down 0.1%

Shares of AFSC stock traded down $0.02 on Friday, reaching $39.90. The company’s stock had a trading volume of 620 shares, compared to its average volume of 770. abrdn Focused U.S. Small Cap Active ETF has a 1 year low of $28.91 and a 1 year high of $40.01. The company has a market capitalization of $10.37 million, a price-to-earnings ratio of 19.58 and a beta of 0.83. The stock’s fifty day simple moving average is $38.21 and its 200-day simple moving average is $34.89.

About abrdn Focused U.S. Small Cap Active ETF

The abrdn Focused U.S. Small Cap Active ETF (AFSC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in US small-caps the adviser perceives to be high quality and of good fundamental standing. AFSC was launched on Feb 18, 2025 and is issued by Abrdn.