AB Disruptors ETF (NYSEARCA:FWD) Sees Large Increase in Short Interest

AB Disruptors ETF (NYSEARCA:FWD) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 269,972 shares, an increase of 1,828.8% from the August 31st total of 13,997 shares. Based on an average daily trading volume, of 131,873 shares, the short-interest ratio is currently 2.0 days. Approximately 1.1% of the company’s shares are sold short.

AB Disruptors ETF Stock Down 0.1%

AB Disruptors ETF stock traded down $0.08 during mid-day trading on Thursday, hitting $132.26. 104,216 shares of the company’s stock were exchanged, compared to its average volume of 223,813. The company’s 50 day simple moving average is $129.15 and its 200-day simple moving average is $128.94. The firm has a market capitalization of $3.33 billion, a P/E ratio of 41.03 and a beta of 1.60. AB Disruptors ETF has a fifty-two week low of $95.53 and a fifty-two week high of $149.57.

Institutional Investors Weigh In On AB Disruptors ETF

A number of hedge funds have recently modified their holdings of the business. Bank of America Corp DE lifted its holdings in shares of AB Disruptors ETF by 265.7% during the 1st quarter. Bank of America Corp DE now owns 1,008,993 shares of the company’s stock valued at $109,536,000 after purchasing an additional 733,051 shares in the last quarter. Integrated Wealth Concepts LLC increased its stake in AB Disruptors ETF by 10.8% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 473,735 shares of the company’s stock worth $70,170,000 after purchasing an additional 46,351 shares in the last quarter. Bleakley Financial Group LLC raised 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 buying an additional 202,255 shares during the period. Envestnet Asset Management Inc. raised 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 buying an additional 110,093 shares during the period. Finally, Concurrent Investment Advisors LLC bought a new position in AB Disruptors ETF in the second quarter valued at approximately $9,523,000.

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.