Absolute Select Value ETF (NYSEARCA:ABEQ) Short Interest Update

Absolute Select Value ETF (NYSEARCA:ABEQGet Free Report) saw a large growth in short interest in January. As of January 15th, there was short interest totaling 10,627 shares, a growth of 127.2% from the December 31st total of 4,677 shares. Based on an average daily volume of 7,742 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.3% of the shares of the company are short sold. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 7,742 shares, the days-to-cover ratio is presently 1.4 days.

Absolute Select Value ETF Trading Down 1.7%

ABEQ traded down $0.64 during trading on Friday, reaching $37.41. 26,509 shares of the company’s stock were exchanged, compared to its average volume of 14,510. The firm has a fifty day moving average price of $36.42 and a two-hundred day moving average price of $35.59. The stock has a market capitalization of $127.20 million, a PE ratio of 18.77 and a beta of 0.53. Absolute Select Value ETF has a one year low of $30.86 and a one year high of $38.05.

Absolute Select Value ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, January 5th. Shareholders of record on Tuesday, December 30th were given a dividend of $0.2247 per share. This represents a yield of 125.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

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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