Abacus FCF International Leaders ETF (BATS:ABLG) Sees Significant Decline in Short Interest

Abacus FCF International Leaders ETF (BATS:ABLG) was the recipient of a large decrease in short interest in August. As of August 14th, there was short interest totaling 195 shares, a decrease of 96.7% from the July 30th total of 5,868 shares. Based on an average daily trading volume, of 4,183 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Abacus FCF International Leaders ETF Trading Up 0.6%

ABLG stock traded up $0.18 during trading hours on Tuesday, hitting $32.03. 9,649 shares of the stock were exchanged, compared to its average volume of 4,356. Abacus FCF International Leaders ETF has a 12 month low of $28.62 and a 12 month high of $33.59. The firm has a market capitalization of $34.59 million, a P/E ratio of 22.54 and a beta of 0.91. The company has a 50-day simple moving average of $31.68 and a two-hundred day simple moving average of $31.66.

Institutional Trading of Abacus FCF International Leaders ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Raymond James Financial Inc. bought a new stake in Abacus FCF International Leaders ETF in the 2nd quarter valued at about $25,000. Osaic Holdings Inc. acquired a new stake in shares of Abacus FCF International Leaders ETF in the second quarter valued at approximately $45,000. JPMorgan Chase & Co. acquired a new stake in shares of Abacus FCF International Leaders ETF in the second quarter valued at approximately $62,000. Jane Street Group LLC acquired a new stake in shares of Abacus FCF International Leaders ETF in the second quarter valued at approximately $240,000. Finally, Susquehanna International Group LLP boosted its stake in shares of Abacus FCF International Leaders ETF by 8.6% in the third quarter. Susquehanna International Group LLP now owns 15,744 shares of the company’s stock valued at $487,000 after buying an additional 1,247 shares during the period.

About Abacus FCF International Leaders ETF

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.