Alpha Blue Capital US Small Mid Cap Dynamic ETF (NASDAQ:ABCS) Sees Significant Decrease in Short Interest

Alpha Blue Capital US Small Mid Cap Dynamic ETF (NASDAQ:ABCS) was the target of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 813 shares, a drop of 42.5% from the June 15th total of 1,414 shares. Based on an average trading volume of 1,712 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the company’s shares are short sold.

Alpha Blue Capital US Small Mid Cap Dynamic ETF Price Performance

Shares of ABCS stock traded up $0.09 during trading hours on Friday, hitting $34.82. The company had a trading volume of 1,009 shares, compared to its average volume of 2,545. The company’s fifty day moving average is $32.97 and its 200 day moving average is $31.68. Alpha Blue Capital US Small Mid Cap Dynamic ETF has a fifty-two week low of $28.19 and a fifty-two week high of $34.82. The stock has a market capitalization of $12.19 million, a PE ratio of 14.18 and a beta of 0.81.

Alpha Blue Capital US Small Mid Cap Dynamic ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 29th were given a $0.0983 dividend. The ex-dividend date of this dividend was Monday, June 29th. This is a positive change from Alpha Blue Capital US Small Mid Cap Dynamic ETF’s previous dividend of $0.04.

About Alpha Blue Capital US Small Mid Cap Dynamic ETF

The Alpha Blue Capital US Small-Mid Cap Dynamic ETF (ABCS) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed fund-of-funds that aims for long-term capital appreciation by investing in US small- and mid-cap stocks and ETFs. ABCS was launched on Dec 20, 2023 and is issued by Alpha.