Short Interest in AB International Low Volatility Equity ETF (NYSEARCA:ILOW) Drops By 82.3%

AB International Low Volatility Equity ETF (NYSEARCA:ILOW) was the target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 10,855 shares, a decrease of 82.3% from the April 30th total of 61,411 shares. Based on an average daily volume of 53,992 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

AB International Low Volatility Equity ETF Stock Performance

NYSEARCA ILOW traded down $0.07 on Friday, hitting $45.03. 27,337 shares of the stock traded hands, compared to its average volume of 100,683. The business’s fifty day moving average is $44.13 and its two-hundred day moving average is $43.58. AB International Low Volatility Equity ETF has a 12 month low of $40.01 and a 12 month high of $46.32. The firm has a market capitalization of $1.75 billion, a price-to-earnings ratio of 17.53 and a beta of 0.40.

Hedge Funds Weigh In On AB International Low Volatility Equity ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Huntington National Bank bought a new position in shares of AB International Low Volatility Equity ETF in the fourth quarter worth $75,000. Bartlett & CO. Wealth Management LLC bought a new position in shares of AB International Low Volatility Equity ETF in the fourth quarter worth $85,000. Next Capital Management LLC bought a new position in shares of AB International Low Volatility Equity ETF in the third quarter worth $256,000. JPMorgan Chase & Co. bought a new position in shares of AB International Low Volatility Equity ETF in the third quarter worth $964,000. Finally, TIAA Trust National Association bought a new position in shares of AB International Low Volatility Equity ETF in the fourth quarter worth $1,298,000.

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.