AB International Low Volatility Equity ETF (NYSEARCA:ILOW) Sees Significant Decrease in Short Interest

AB International Low Volatility Equity ETF (NYSEARCA:ILOW) was the recipient of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 52,064 shares, a decrease of 62.6% from the June 15th total of 139,358 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 44,432 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Trading of AB International Low Volatility Equity ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. TIAA Trust National Association acquired a new stake in AB International Low Volatility Equity ETF during the fourth quarter valued at $1,298,000. Huntington National Bank acquired a new position in AB International Low Volatility Equity ETF in the 4th quarter worth about $75,000. Cornerstone Planning Group LLC increased its position in 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 worth $1,896,000 after purchasing an additional 42,123 shares during the last quarter. Bartlett & CO. Wealth Management LLC purchased a new stake in shares of AB International Low Volatility Equity ETF during the 4th quarter worth about $85,000. Finally, JPMorgan Chase & Co. purchased a new stake in shares of AB International Low Volatility Equity ETF during the 3rd quarter worth about $964,000.

AB International Low Volatility Equity ETF Price Performance

Shares of NYSEARCA:ILOW opened at $45.72 on Monday. The firm has a fifty day moving average of $45.10 and a two-hundred day moving average of $44.22. The firm has a market capitalization of $1.81 billion, a P/E ratio of 17.53 and a beta of 0.36. AB International Low Volatility Equity ETF has a 12-month low of $40.40 and a 12-month high of $46.32.

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.