abrdn Focused U.S. Small Cap Active ETF (NASDAQ:AFSC) Short Interest Down 67.9% in August

abrdn Focused U.S. Small Cap Active ETF (NASDAQ:AFSC) was the recipient of a significant drop in short interest in August. As of August 31st, there was short interest totaling 601 shares, a drop of 67.9% from the August 15th total of 1,871 shares. Based on an average daily trading volume, of 522 shares, the short-interest ratio is currently 1.2 days. Currently, 0.2% of the shares of the stock are short sold.

abrdn Focused U.S. Small Cap Active ETF Stock Up 1.3%

AFSC traded up $0.48 during midday trading on Friday, hitting $37.57. 853 shares of the company were exchanged, compared to its average volume of 735. The firm’s 50 day moving average price is $38.43 and its 200-day moving average price is $35.69. abrdn Focused U.S. Small Cap Active ETF has a 1-year low of $28.91 and a 1-year high of $40.06. The firm has a market capitalization of $9.77 million, a P/E ratio of 19.58 and a beta of 0.81.

abrdn Focused U.S. Small Cap Active ETF Company Profile

The abrdn Focused U.S. Small Cap Active ETF (AFSC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in US small-caps the adviser perceives to be high quality and of good fundamental standing. AFSC was launched on Feb 18, 2025 and is issued by Abrdn.