Short Interest in AB Disruptors ETF (NYSEARCA:FWD) Decreases By 78.3%

AB Disruptors ETF (NYSEARCA:FWD) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 40,293 shares, a decrease of 78.3% from the April 15th total of 185,660 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 167,386 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On AB Disruptors ETF

Large investors have recently added to or reduced their stakes in the business. Fifth Third Bancorp acquired a new stake in AB Disruptors ETF during the first quarter worth approximately $27,000. Harbour Investments Inc. acquired a new stake in AB Disruptors ETF during the fourth quarter worth approximately $48,000. Kestra Advisory Services LLC acquired a new stake in AB Disruptors ETF during the fourth quarter worth approximately $110,000. Private Trust Co. NA grew its stake in AB Disruptors ETF by 19,500.0% during the fourth quarter. Private Trust Co. NA now owns 1,176 shares of the company’s stock worth $123,000 after purchasing an additional 1,170 shares during the period. Finally, Royal Bank of Canada acquired a new stake in AB Disruptors ETF during the fourth quarter worth approximately $128,000.

AB Disruptors ETF Stock Performance

Shares of FWD stock traded down $3.81 on Friday, hitting $132.91. The company had a trading volume of 155,304 shares, compared to its average volume of 204,799. The firm has a market cap of $2.50 billion, a P/E ratio of 41.03 and a beta of 1.56. The stock’s 50-day moving average is $118.65 and its two-hundred day moving average is $112.39. AB Disruptors ETF has a twelve month low of $79.24 and a twelve month high of $137.00.

AB Disruptors ETF Company Profile

The AB Disruptors ETF (FWD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio of high growth stocks of companies considered to lead or benefit from societal innovations. Holdings may be of any capitalization, sector, industry, and geography. FWD was launched on Mar 22, 2023 and is managed by AllianceBernstein.