AB Disruptors ETF (NYSEARCA:FWD) Sees Large Increase in Short Interest

AB Disruptors ETF (NYSEARCA:FWD) was the recipient of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 38,107 shares, an increase of 89.8% from the July 30th total of 20,079 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 266,465 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On AB Disruptors ETF

Large investors have recently modified their holdings of the business. Bank of America Corp DE boosted its position in AB Disruptors ETF by 265.7% during the 1st quarter. Bank of America Corp DE now owns 1,008,993 shares of the company’s stock valued at $109,536,000 after acquiring an additional 733,051 shares in the last quarter. Bleakley Financial Group LLC raised its position in shares of AB Disruptors ETF by 538.4% in the 1st quarter. Bleakley Financial Group LLC now owns 239,818 shares of the company’s stock worth $26,035,000 after acquiring an additional 202,255 shares in the last quarter. LPL Financial LLC raised its position in shares of AB Disruptors ETF by 35.8% in the 4th quarter. LPL Financial LLC now owns 513,283 shares of the company’s stock worth $53,592,000 after acquiring an additional 135,289 shares in the last quarter. Integrated Wealth Concepts LLC lifted its stake in shares of AB Disruptors ETF by 31.9% during the 4th quarter. Integrated Wealth Concepts LLC now owns 352,922 shares of the company’s stock worth $36,849,000 after purchasing an additional 85,449 shares during the last quarter. Finally, Concurrent Investment Advisors LLC purchased a new stake in shares of AB Disruptors ETF during the 2nd quarter worth $9,523,000.

AB Disruptors ETF Stock Down 1.5%

Shares of FWD stock traded down $1.91 on Friday, hitting $128.65. The stock had a trading volume of 82,656 shares, compared to its average volume of 230,751. The business has a 50 day moving average price of $133.33 and a 200 day moving average price of $127.22. The company has a market cap of $3.02 billion, a PE ratio of 41.03 and a beta of 1.60. AB Disruptors ETF has a one year low of $90.50 and a one year high of $149.57.

About AB Disruptors ETF

The AB Disruptors ETF (FWD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio of high growth stocks of companies considered to lead or benefit from societal innovations. Holdings may be of any capitalization, sector, industry, and geography. FWD was launched on Mar 22, 2023 and is managed by AllianceBernstein.