Short Interest in Absolute Select Value ETF (NYSEARCA:ABEQ) Expands By 211.8%

Absolute Select Value ETF (NYSEARCA:ABEQGet Free Report) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 6,818 shares, a growth of 211.8% from the May 31st total of 2,187 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 11,316 shares, the days-to-cover ratio is currently 0.6 days.

Absolute Select Value ETF Trading Up 0.0%

ABEQ stock traded up $0.01 on Friday, hitting $37.66. The company’s stock had a trading volume of 9,920 shares, compared to its average volume of 14,923. The stock has a market cap of $140.10 million, a price-to-earnings ratio of 18.77 and a beta of 0.45. The firm has a 50 day moving average of $37.43 and a two-hundred day moving average of $37.57. Absolute Select Value ETF has a 1 year low of $33.89 and a 1 year high of $40.08.

Absolute Select Value ETF Company Profile

(Get Free Report)

The Absolute Select Value ETF (ABEQ) is an exchange-traded fund that is based on the SSGA Total Stock Market index. The fund is an actively-managed portfolio of US stocks seeking positive absolute returns. ABEQ was launched on Jan 22, 2020 and is managed by Absolute.

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