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 target of a large growth in short interest in April. As of April 30th, there was short interest totaling 61,411 shares, a growth of 76.8% from the April 15th total of 34,739 shares. Based on an average daily volume of 57,437 shares, the short-interest ratio is presently 1.1 days. Approximately 0.2% of the company’s stock are short sold.

AB International Low Volatility Equity ETF Price Performance

AB International Low Volatility Equity ETF stock opened at $44.10 on Monday. AB International Low Volatility Equity ETF has a twelve month low of $39.65 and a twelve month high of $46.32. The firm has a 50 day moving average price of $43.76 and a 200-day moving average price of $43.38. The company has a market capitalization of $1.72 billion, a P/E ratio of 17.53 and a beta of 0.40.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Huntington National Bank bought a new position in shares of AB International Low Volatility Equity ETF during the 4th quarter valued at approximately $75,000. Bartlett & CO. Wealth Management LLC purchased a new stake in AB International Low Volatility Equity ETF in the 4th quarter worth approximately $85,000. Next Capital Management LLC purchased a new stake in AB International Low Volatility Equity ETF in the 3rd quarter worth approximately $256,000. JPMorgan Chase & Co. purchased a new stake in AB International Low Volatility Equity ETF in the 3rd quarter worth approximately $964,000. Finally, TIAA Trust National Association purchased a new stake in AB International Low Volatility Equity ETF in the 4th quarter worth approximately $1,298,000.

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.