AB International Low Volatility Equity ETF (NYSEARCA:ILOW) Short Interest Up 76.8% in April

AB International Low Volatility Equity ETF (NYSEARCA:ILOW) was the recipient of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 61,411 shares, an increase of 76.8% from the April 15th total of 34,739 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 57,437 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. TIAA Trust National Association bought a new stake in AB International Low Volatility Equity ETF in the 4th quarter valued at about $1,298,000. Huntington National Bank bought a new position in AB International Low Volatility Equity ETF in the 4th quarter valued at about $75,000. Cornerstone Planning Group LLC grew its position in AB International Low Volatility Equity ETF by 5,278.6% in the 4th quarter. Cornerstone Planning Group LLC now owns 42,921 shares of the company’s stock valued at $1,896,000 after buying an additional 42,123 shares in the last quarter. Bartlett & CO. Wealth Management LLC acquired a new position in AB International Low Volatility Equity ETF during the 4th quarter valued at about $85,000. Finally, JPMorgan Chase & Co. bought a new stake in shares of AB International Low Volatility Equity ETF during the 3rd quarter worth about $964,000.

AB International Low Volatility Equity ETF Stock Up 1.2%

ILOW stock traded up $0.55 during midday trading on Tuesday, reaching $44.65. The company had a trading volume of 1,523 shares, compared to its average volume of 105,262. The firm has a market capitalization of $1.74 billion, a PE ratio of 17.53 and a beta of 0.40. The stock has a 50 day moving average price of $43.78 and a 200 day moving average price of $43.39. AB International Low Volatility Equity ETF has a fifty-two week low of $39.91 and a fifty-two week high of $46.32.

About AB International Low Volatility Equity ETF

The AB International Low Volatility Equity ETF (ILOW) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital growth through investments in large- and mid-cap equity securities located outside of the US. Security selection and weighting focuses on company fundamentals and quantitative research. ILOW was launched on Jul 29, 2015 and is issued by AB Funds.