Short Interest in Adasina Social Justice All Cap Global ETF (NYSEARCA:JSTC) Drops By 44.2%

Adasina Social Justice All Cap Global ETF (NYSEARCA:JSTC) saw a large drop in short interest in May. As of May 15th, there was short interest totaling 49,283 shares, a drop of 44.2% from the April 30th total of 88,268 shares. Based on an average trading volume of 21,088 shares, the days-to-cover ratio is currently 2.3 days. Approximately 0.4% of the shares of the stock are short sold.

Adasina Social Justice All Cap Global ETF Trading Up 0.5%

JSTC traded up $0.12 on Thursday, reaching $22.60. The stock had a trading volume of 8,603 shares, compared to its average volume of 25,966. The company has a market capitalization of $293.80 million, a price-to-earnings ratio of 20.61 and a beta of 0.87. Adasina Social Justice All Cap Global ETF has a fifty-two week low of $18.90 and a fifty-two week high of $22.61. The firm has a 50-day moving average of $21.04 and a 200-day moving average of $20.64.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Adasina Social Justice All Cap Global ETF stock. Abacus Wealth Partners LLC increased its holdings in shares of Adasina Social Justice All Cap Global ETF (NYSEARCA:JSTC) by 9.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,804,540 shares of the company’s stock after buying an additional 231,309 shares during the period. Adasina Social Justice All Cap Global ETF comprises approximately 5.6% of Abacus Wealth Partners LLC’s portfolio, making the stock its 5th largest position. Abacus Wealth Partners LLC owned 21.57% of Adasina Social Justice All Cap Global ETF worth $56,904,000 at the end of the most recent quarter.

Adasina Social Justice All Cap Global ETF Company Profile

The Adasina Social Justice All Cap Global ETF (JSTC) is an exchange-traded fund that is based on the Adasina Social Justice index. The fund is an actively managed fund of global companies screened for social justice criteria. JSTC was launched on Dec 10, 2020 and is managed by Adasina.