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

AB International Low Volatility Equity ETF (NYSEARCA:ILOW) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 27,061 shares, a growth of 296.9% from the September 30th total of 6,818 shares. Based on an average trading volume of 42,021 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.1% of the company’s shares are sold short.

AB International Low Volatility Equity ETF Stock Performance

Shares of AB International Low Volatility Equity ETF stock traded up $0.07 during trading on Friday, hitting $46.39. 404 shares of the stock traded hands, compared to its average volume of 74,614. The stock has a market cap of $1.84 billion, a P/E ratio of 17.53 and a beta of 0.38. The company has a fifty day moving average price of $46.38 and a two-hundred day moving average price of $45.15. AB International Low Volatility Equity ETF has a twelve month low of $40.74 and a twelve month high of $47.90.

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. ILOW was launched on Jul 29, 2015 and is issued by AB Funds.