Short Interest in AB International Low Volatility Equity ETF (NYSEARCA:ILOW) Decreases By 88.7%

AB International Low Volatility Equity ETF (NYSEARCA:ILOW) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 5,901 shares, a drop of 88.7% from the June 30th total of 52,064 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 59,781 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of AB International Low Volatility Equity ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. TIAA Trust National Association purchased a new stake in AB International Low Volatility Equity ETF in the fourth quarter worth about $1,298,000. Huntington National Bank purchased a new position in AB International Low Volatility Equity ETF during the 4th quarter valued at about $75,000. Cornerstone Planning Group LLC raised its holdings in shares of 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 purchasing an additional 42,123 shares in the last quarter. Bartlett & CO. Wealth Management LLC bought a new position in AB International Low Volatility Equity ETF in the fourth quarter worth approximately $85,000. Finally, JPMorgan Chase & Co. bought a new position in shares of AB International Low Volatility Equity ETF in the 3rd quarter worth $964,000.

AB International Low Volatility Equity ETF Stock Performance

NYSEARCA ILOW traded up $0.45 on Friday, reaching $45.58. 50,071 shares of the stock traded hands, compared to its average volume of 86,861. AB International Low Volatility Equity ETF has a 12 month low of $40.40 and a 12 month high of $46.32. The company has a market cap of $1.80 billion, a price-to-earnings ratio of 17.53 and a beta of 0.36. The company has a fifty day moving average price of $45.24 and a 200-day moving average price of $44.41.

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.