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

AB International Low Volatility Equity ETF (NYSEARCA:ILOW) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 31,771 shares, a decrease of 32.1% from the August 15th total of 46,787 shares. Based on an average trading volume of 52,433 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.1% of the company’s stock are short sold.

AB International Low Volatility Equity ETF Stock Performance

ILOW stock traded up $0.47 during trading on Thursday, reaching $46.75. The company had a trading volume of 2,276 shares, compared to its average volume of 78,851. The firm has a 50-day simple moving average of $46.67 and a 200-day simple moving average of $45.18. The company has a market cap of $1.85 billion, a price-to-earnings ratio of 17.53 and a beta of 0.35. AB International Low Volatility Equity ETF has a twelve month low of $40.74 and a twelve month high of $47.90.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in AB International Low Volatility Equity ETF stock. Huntington National Bank bought a new stake in AB International Low Volatility Equity ETF (NYSEARCA:ILOW) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,766 shares of the company’s stock, valued at approximately $75,000.

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.