Alpha Blue Capital US Small Mid Cap Dynamic ETF (NASDAQ:ABCS) Sees Significant Decline in Short Interest

Alpha Blue Capital US Small Mid Cap Dynamic ETF (NASDAQ:ABCS) saw a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 79 shares, a decrease of 94.9% from the May 14th total of 1,542 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 1,845 shares, the days-to-cover ratio is presently 0.0 days.

Alpha Blue Capital US Small Mid Cap Dynamic ETF Trading Up 1.0%

NASDAQ:ABCS traded up $0.32 during trading hours on Tuesday, hitting $32.89. 3,113 shares of the stock were exchanged, compared to its average volume of 2,709. Alpha Blue Capital US Small Mid Cap Dynamic ETF has a 52-week low of $27.91 and a 52-week high of $33.01. The firm’s fifty day moving average price is $31.62 and its 200 day moving average price is $31.04. The company has a market cap of $11.51 million, a P/E ratio of 14.18 and a beta of 0.85.

Alpha Blue Capital US Small Mid Cap Dynamic ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 30th were issued a $0.043 dividend. The ex-dividend date of this dividend was Monday, March 30th.

Alpha Blue Capital US Small Mid Cap Dynamic ETF Company Profile

The Alpha Blue Capital US Small-Mid Cap Dynamic ETF (ABCS) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed fund-of-funds that aims for long-term capital appreciation by investing in US small- and mid-cap stocks and ETFs. ABCS was launched on Dec 20, 2023 and is issued by Alpha.