AB International Low Volatility Equity ETF (NYSEARCA:ILOW) Sees Large Growth in Short Interest

AB International Low Volatility Equity ETF (NYSEARCA:ILOW) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 139,358 shares, a growth of 784.3% from the May 31st total of 15,759 shares. Based on an average daily volume of 48,400 shares, the days-to-cover ratio is presently 2.9 days. Approximately 0.4% of the shares of the company are short sold.

Institutional Investors Weigh In On AB International Low Volatility Equity ETF

A number of hedge funds have recently made changes to their positions in the business. Huntington National Bank acquired a new stake in AB International Low Volatility Equity ETF in the 4th quarter valued at approximately $75,000. Bartlett & CO. Wealth Management LLC bought a new position in shares of AB International Low Volatility Equity ETF in the fourth quarter worth $85,000. JPMorgan Chase & Co. acquired a new position in shares of AB International Low Volatility Equity ETF during the third quarter valued at $964,000. TIAA Trust National Association bought a new stake in shares of AB International Low Volatility Equity ETF during the fourth quarter valued at about $1,298,000. Finally, Flow Traders U.S. LLC bought a new stake in shares of AB International Low Volatility Equity ETF during the third quarter valued at about $1,503,000.

AB International Low Volatility Equity ETF Stock Up 0.0%

ILOW stock traded up $0.01 during mid-day trading on Friday, reaching $44.97. The company had a trading volume of 28,393 shares, compared to its average volume of 92,354. AB International Low Volatility Equity ETF has a one year low of $40.40 and a one year high of $46.32. The stock has a market capitalization of $1.75 billion, a P/E ratio of 17.53 and a beta of 0.37. The stock’s 50-day simple moving average is $44.88 and its two-hundred day simple moving average is $43.99.

AB International Low Volatility Equity ETF Company Profile

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.