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 significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 691 shares, a decline of 54.1% from the July 15th total of 1,504 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 173 shares, the short-interest ratio is currently 4.0 days.

abrdn Focused U.S. Small Cap Active ETF Stock Performance

NASDAQ:AFSC opened at $39.90 on Monday. The stock has a market cap of $10.37 million, a price-to-earnings ratio of 19.58 and a beta of 0.83. 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 business has a fifty day moving average of $38.21 and a 200-day moving average of $34.91.

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.