Abacus FCF Leaders ETF (BATS:ABFL) Shares Shorted: Short Interest Down 43.8% in September

Abacus FCF Leaders ETF (BATS:ABFL) was the target of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 42,110 shares, a decline of 43.8% from the September 15th total of 74,957 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average trading volume of 11,711 shares, the days-to-cover ratio is currently 3.6 days.

Abacus FCF Leaders ETF Stock Down 1.4%

Shares of Abacus FCF Leaders ETF stock opened at $79.32 on Friday. Abacus FCF Leaders ETF has a 12-month low of $67.94 and a 12-month high of $86.01. The firm has a market capitalization of $809.06 million, a PE ratio of 31.79 and a beta of 0.92. The stock’s fifty day moving average is $81.71 and its 200-day moving average is $80.93.

Hedge Funds Weigh In On Abacus FCF Leaders ETF

Institutional investors have recently bought and sold shares of the stock. Cyndeo Wealth Partners LLC boosted its holdings in shares of Abacus FCF Leaders ETF by 5.4% in the third quarter. Cyndeo Wealth Partners LLC now owns 59,724 shares of the company’s stock worth $4,798,000 after buying an additional 3,074 shares during the period. Centerline Wealth Advisors LLC increased its position in shares of Abacus FCF Leaders ETF by 1.0% in the third quarter. Centerline Wealth Advisors LLC now owns 132,971 shares of the company’s stock worth $10,683,000 after acquiring an additional 1,267 shares in the last quarter. Farther Finance Advisors LLC purchased a new position in shares of Abacus FCF Leaders ETF in the third quarter worth approximately $72,000. Royal Bank of Canada raised its holdings in shares of Abacus FCF Leaders ETF by 19.1% during the first quarter. Royal Bank of Canada now owns 18,617 shares of the company’s stock valued at $1,324,000 after acquiring an additional 2,984 shares during the period. Finally, Cardinal Point Capital Management ULC acquired a new stake in shares of Abacus FCF Leaders ETF during the first quarter valued at approximately $1,218,000.

About Abacus FCF Leaders ETF

The Abacus FCF Leaders ETF (ABFL) is an exchange-traded fund that mostly invests in total market equity. The fund aims to outperform a broad US equity index. The actively-managed fund selects stocks based on strong free cash flow and ESG rankings. ABFL was launched on Sep 27, 2016 and is issued by FCF Advisors.