AB International Low Volatility Equity ETF (NYSEARCA:ILOW) Sees Large Decline in Short Interest

AB International Low Volatility Equity ETF (NYSEARCA:ILOW) saw a significant decrease in short interest in 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. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 53,992 shares, the short-interest ratio is currently 0.2 days.

AB International Low Volatility Equity ETF Stock Performance

Shares of NYSEARCA ILOW traded down $0.07 during trading on Friday, hitting $45.03. The company had a trading volume of 27,337 shares, compared to its average volume of 100,683. The company has a market cap of $1.75 billion, a P/E ratio of 17.53 and a beta of 0.40. AB International Low Volatility Equity ETF has a 52 week low of $40.01 and a 52 week high of $46.32. The business’s 50-day moving average is $44.13 and its 200 day moving average is $43.58.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Cornerstone Planning Group LLC increased its holdings in shares of AB International Low Volatility Equity ETF by 5,278.6% in the fourth quarter. Cornerstone Planning Group LLC now owns 42,921 shares of the company’s stock valued at $1,896,000 after buying an additional 42,123 shares in the last quarter. Flow Traders U.S. LLC purchased a new position in AB International Low Volatility Equity ETF during the 3rd quarter worth approximately $1,503,000. TIAA Trust National Association purchased a new position in AB International Low Volatility Equity ETF during the 4th quarter worth approximately $1,298,000. JPMorgan Chase & Co. purchased a new position in AB International Low Volatility Equity ETF during the 3rd quarter worth approximately $964,000. Finally, Next Capital Management LLC purchased a new position in AB International Low Volatility Equity ETF during the 3rd quarter worth approximately $256,000.

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.