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

Abacus FCF International Leaders ETF (BATS:ABLG) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 6,726 shares, a growth of ? from the June 30th total of 0 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily trading volume, of 2,999 shares, the days-to-cover ratio is presently 2.2 days.

Abacus FCF International Leaders ETF Trading Down 0.5%

ABLG stock opened at $29.90 on Thursday. The company’s 50 day moving average is $31.88 and its two-hundred day moving average is $31.78. Abacus FCF International Leaders ETF has a twelve month low of $28.62 and a twelve month high of $33.59. The stock has a market cap of $32.29 million, a P/E ratio of 22.54 and a beta of 0.91.

Institutional Trading of Abacus FCF International Leaders ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. purchased a new position in Abacus FCF International Leaders ETF during the 2nd quarter worth $25,000. Osaic Holdings Inc. purchased a new position in Abacus FCF International Leaders ETF during the second quarter worth $45,000. JPMorgan Chase & Co. purchased a new stake in shares of Abacus FCF International Leaders ETF in the second quarter valued at $62,000. Jane Street Group LLC acquired a new stake in shares of Abacus FCF International Leaders ETF during the 2nd quarter worth about $240,000. Finally, Susquehanna International Group LLP boosted its holdings in shares of Abacus FCF International Leaders ETF by 8.6% during the third quarter. Susquehanna International Group LLP now owns 15,744 shares of the company’s stock worth $487,000 after purchasing an additional 1,247 shares during the last quarter.

Abacus FCF International Leaders ETF Company Profile

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.