Abacus FCF Leaders ETF (BATS:ABFL – Get Free Report) saw a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 1,643 shares, a drop of 83.9% from the April 30th total of 10,197 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 20,065 shares, the short-interest ratio is presently 0.1 days.
Abacus FCF Leaders ETF Stock Performance
ABFL opened at $82.05 on Thursday. The firm’s fifty day moving average is $76.45 and its two-hundred day moving average is $73.73. The firm has a market cap of $836.91 million, a PE ratio of 31.79 and a beta of 0.92. Abacus FCF Leaders ETF has a twelve month low of $63.92 and a twelve month high of $82.72.
Institutional Investors Weigh In On Abacus FCF Leaders ETF
Several hedge funds have recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its position in shares of Abacus FCF Leaders ETF by 112.5% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 559 shares of the company’s stock worth $40,000 after acquiring an additional 296 shares in the last quarter. Key Capital Management INC bought a new stake in shares of Abacus FCF Leaders ETF during the fourth quarter worth $52,000. Cornerstone Planning Group LLC increased its position in shares of Abacus FCF Leaders ETF by 45.3% during the third quarter. Cornerstone Planning Group LLC now owns 1,158 shares of the company’s stock worth $83,000 after acquiring an additional 361 shares in the last quarter. Osaic Holdings Inc. bought a new stake in shares of Abacus FCF Leaders ETF during the second quarter worth $224,000. Finally, Oppenheimer & Co. Inc. bought a new stake in shares of Abacus FCF Leaders ETF during the fourth quarter worth $297,000.
Abacus FCF Leaders ETF Company Profile
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.
Further Reading
- Five stocks we like better than Abacus FCF Leaders ETF
- The Food Delivery War Just Entered Its Final Phase
- Bath & Body Works Stock Surged Despite Falling Sales—Here’s Why
- Dick’s Sporting Goods Isn’t Done Winning Yet
- Abercrombie Rallies as Strong Q1 Earnings Extend Winning Streak
Receive News & Ratings for Abacus FCF Leaders ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Abacus FCF Leaders ETF and related companies with MarketBeat.com's FREE daily email newsletter.
