AB Disruptors ETF (NYSEARCA:FWD) Shares Shorted: Short Interest Down 37.8% in October

AB Disruptors ETF (NYSEARCA:FWD) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 16,883 shares, a drop of 37.8% from the September 30th total of 27,130 shares. Based on an average daily volume of 180,315 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

AB Disruptors ETF Stock Up 1.4%

NYSEARCA:FWD traded up $1.65 on Tuesday, reaching $118.12. The stock had a trading volume of 37,754 shares, compared to its average volume of 214,035. The company has a market capitalization of $3.11 billion, a P/E ratio of 41.03 and a beta of 1.58. AB Disruptors ETF has a 1-year low of $95.53 and a 1-year high of $149.57. The stock has a fifty day moving average price of $128.17 and a 200-day moving average price of $126.16.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of FWD. Bank of America Corp DE raised its holdings in shares of AB Disruptors ETF by 265.7% in the first quarter. Bank of America Corp DE now owns 1,008,993 shares of the company’s stock valued at $109,536,000 after buying an additional 733,051 shares during the last quarter. Bleakley Financial Group LLC grew its holdings in AB Disruptors ETF by 538.4% during the 1st quarter. Bleakley Financial Group LLC now owns 239,818 shares of the company’s stock worth $26,035,000 after acquiring an additional 202,255 shares during the last quarter. Horizon Wealth Management LLC bought a new stake in AB Disruptors ETF during the 3rd quarter worth about $18,361,000. Envestnet Asset Management Inc. grew its holdings in AB Disruptors ETF by 233.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 157,322 shares of the company’s stock worth $23,303,000 after acquiring an additional 110,093 shares during the last quarter. Finally, Concurrent Investment Advisors LLC acquired a new stake in AB Disruptors ETF in the 2nd quarter valued at about $9,523,000.

About AB Disruptors ETF

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.