AB Disruptors ETF (NYSEARCA:FWD) Sees Significant Decline in Short Interest

AB Disruptors ETF (NYSEARCA:FWD) saw a significant drop in short interest in December. As of December 31st, there was short interest totaling 12,986 shares, a drop of 53.3% from the December 15th total of 27,788 shares. Based on an average daily trading volume, of 76,675 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 76,675 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Embree Financial Group boosted its stake in shares of AB Disruptors ETF by 44.7% in the fourth quarter. Embree Financial Group now owns 93,035 shares of the company’s stock valued at $9,714,000 after buying an additional 28,738 shares during the period. Advisory Services Network LLC raised its holdings in AB Disruptors ETF by 5.1% in the 3rd quarter. Advisory Services Network LLC now owns 18,148 shares of the company’s stock valued at $1,836,000 after acquiring an additional 885 shares in the last quarter. Susquehanna International Group LLP lifted its position in shares of AB Disruptors ETF by 239.1% during the 3rd quarter. Susquehanna International Group LLP now owns 20,673 shares of the company’s stock valued at $2,092,000 after acquiring an additional 14,576 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of AB Disruptors ETF by 40,811.8% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 6,955 shares of the company’s stock valued at $704,000 after acquiring an additional 6,938 shares during the period. Finally, Mariner LLC grew its holdings in shares of AB Disruptors ETF by 139.9% during the 3rd quarter. Mariner LLC now owns 5,523 shares of the company’s stock worth $559,000 after purchasing an additional 3,221 shares in the last quarter.

AB Disruptors ETF Stock Performance

Shares of FWD stock traded down $0.75 on Wednesday, hitting $112.06. The company’s stock had a trading volume of 117,995 shares, compared to its average volume of 131,144. The stock’s 50 day moving average is $105.39 and its 200-day moving average is $99.83. AB Disruptors ETF has a fifty-two week low of $59.03 and a fifty-two week high of $113.16. The company has a market capitalization of $1.40 billion, a PE ratio of 41.03 and a beta of 1.54.

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.