Abacus FCF Real Assets Leaders ETF (BATS:ABLD) Short Interest Update

Abacus FCF Real Assets Leaders ETF (BATS:ABLD) was the target of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 3,559 shares, a drop of 85.7% from the June 15th total of 24,902 shares. Based on an average daily volume of 9,904 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the company’s stock are sold short.

Abacus FCF Real Assets Leaders ETF Price Performance

Shares of BATS:ABLD opened at $30.07 on Monday. Abacus FCF Real Assets Leaders ETF has a fifty-two week low of $27.86 and a fifty-two week high of $34.09. The firm’s 50 day moving average price is $30.83 and its 200 day moving average price is $31.32. The stock has a market cap of $58.64 million, a price-to-earnings ratio of 18.54 and a beta of 0.91.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its holdings in shares of Abacus FCF Real Assets Leaders ETF by 7.5% in the third quarter. JPMorgan Chase & Co. now owns 1,858,583 shares of the company’s stock valued at $53,482,000 after acquiring an additional 130,025 shares during the period. Unique Wealth LLC boosted its stake in Abacus FCF Real Assets Leaders ETF by 137.2% during the 1st quarter. Unique Wealth LLC now owns 173,945 shares of the company’s stock worth $5,432,000 after purchasing an additional 100,618 shares during the period. Centerline Wealth Advisors LLC purchased a new position in Abacus FCF Real Assets Leaders ETF during the 4th quarter worth $1,514,000. OpenArc Corporate Advisory LLC purchased a new position in Abacus FCF Real Assets Leaders ETF during the 4th quarter worth $800,000. Finally, Virtu Financial LLC acquired a new position in Abacus FCF Real Assets Leaders ETF in the fourth quarter valued at $649,000.

About Abacus FCF Real Assets Leaders ETF

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.