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

AB International Low Volatility Equity ETF (NYSEARCA:ILOW) was the target of a large decline in short interest in September. As of September 30th, there was short interest totaling 34,500 shares, a decline of 31.3% from the September 15th total of 50,200 shares. Based on an average trading volume of 102,400 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 102,400 shares, the days-to-cover ratio is currently 0.3 days.

AB International Low Volatility Equity ETF Stock Performance

AB International Low Volatility Equity ETF stock opened at $42.65 on Friday. The stock’s 50 day simple moving average is $42.34 and its two-hundred day simple moving average is $40.95. AB International Low Volatility Equity ETF has a fifty-two week low of $33.40 and a fifty-two week high of $43.64. The stock has a market cap of $1.48 billion and a price-to-earnings ratio of 17.53.

Institutional Trading of AB International Low Volatility Equity ETF

A number of hedge funds have recently made changes to their positions in the stock. Private Trust Co. NA boosted its position in shares of AB International Low Volatility Equity ETF by 7,070.0% in the 3rd quarter. Private Trust Co. NA now owns 2,868 shares of the company’s stock worth $122,000 after purchasing an additional 2,828 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in shares of AB International Low Volatility Equity ETF in the 1st quarter worth approximately $2,653,000. Finally, Cornerstone Planning Group LLC bought a new stake in shares of AB International Low Volatility Equity ETF in the 1st quarter worth approximately $1,611,000.

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.