Abacus FCF Real Assets Leaders ETF (BATS:ABLD) Sees Large Drop in Short Interest

Abacus FCF Real Assets Leaders ETF (BATS:ABLD) was the recipient of a large decrease in short interest in September. As of September 30th, there was short interest totaling 4,891 shares, a decrease of 68.5% from the September 15th total of 15,533 shares. Based on an average trading volume of 9,011 shares, the short-interest ratio is currently 0.5 days. Currently, 0.3% of the company’s shares are short sold.

Institutional Trading of Abacus FCF Real Assets Leaders ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Farther Finance Advisors LLC lifted its position in shares of Abacus FCF Real Assets Leaders ETF by 2,238.9% during the third quarter. Farther Finance Advisors LLC now owns 842 shares of the company’s stock worth $26,000 after purchasing an additional 806 shares in the last quarter. Centerline Wealth Advisors LLC grew its holdings in shares of Abacus FCF Real Assets Leaders ETF by 4.8% in the second quarter. Centerline Wealth Advisors LLC now owns 153,324 shares of the company’s stock valued at $4,614,000 after purchasing an additional 7,062 shares in the last quarter. Unique Wealth LLC grew its holdings in shares of Abacus FCF Real Assets Leaders ETF by 12.7% in the second quarter. Unique Wealth LLC now owns 196,100 shares of the company’s stock valued at $5,901,000 after purchasing an additional 22,155 shares in the last quarter. PUREfi Wealth LLC purchased a new stake in Abacus FCF Real Assets Leaders ETF during the 1st quarter worth approximately $313,000. Finally, Fairvoy Private Wealth LLC purchased a new stake in Abacus FCF Real Assets Leaders ETF during the 1st quarter worth approximately $322,000.

Abacus FCF Real Assets Leaders ETF Price Performance

Shares of Abacus FCF Real Assets Leaders ETF stock opened at $31.30 on Tuesday. The business has a 50-day moving average of $32.10 and a 200 day moving average of $31.45. Abacus FCF Real Assets Leaders ETF has a 12 month low of $27.92 and a 12 month high of $34.09. The stock has a market capitalization of $61.03 million, a price-to-earnings ratio of 18.54 and a beta of 0.91.

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.