Short Interest in AB International Low Volatility Equity ETF (NYSEARCA:ILOW) Decreases By 62.6%

AB International Low Volatility Equity ETF (NYSEARCA:ILOW) was the target of a significant decline in short interest in June. As of June 30th, there was short interest totaling 52,064 shares, a decline of 62.6% from the June 15th total of 139,358 shares. Based on an average daily volume of 44,432 shares, the short-interest ratio is presently 1.2 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On AB International Low Volatility Equity ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Huntington National Bank acquired a new stake in shares of AB International Low Volatility Equity ETF in the fourth quarter valued at approximately $75,000. Bartlett & CO. Wealth Management LLC acquired a new position in shares of AB International Low Volatility Equity ETF in the 4th quarter valued at $85,000. JPMorgan Chase & Co. purchased a new stake in AB International Low Volatility Equity ETF in the 3rd quarter valued at $964,000. TIAA Trust National Association purchased a new stake in AB International Low Volatility Equity ETF in the 4th quarter valued at $1,298,000. Finally, Flow Traders U.S. LLC purchased a new stake in AB International Low Volatility Equity ETF in the 3rd quarter valued at $1,503,000.

AB International Low Volatility Equity ETF Trading Up 0.5%

Shares of AB International Low Volatility Equity ETF stock traded up $0.23 on Wednesday, hitting $45.83. The stock had a trading volume of 79,995 shares, compared to its average volume of 89,044. The stock has a market cap of $1.81 billion, a price-to-earnings ratio of 17.53 and a beta of 0.36. AB International Low Volatility Equity ETF has a 52-week low of $40.40 and a 52-week high of $46.32. The company’s 50 day moving average price is $45.13 and its 200 day moving average price is $44.26.

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.