AB International Low Volatility Equity ETF (NYSEARCA:ILOW) Short Interest Up 784.3% in June

AB International Low Volatility Equity ETF (NYSEARCA:ILOW) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 139,358 shares, an increase of 784.3% from the May 31st total of 15,759 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average trading volume of 48,400 shares, the days-to-cover ratio is currently 2.9 days.

Institutional Trading of AB International Low Volatility Equity ETF

Several institutional investors have recently added to or reduced their stakes in ILOW. Cornerstone Planning Group LLC grew its stake in shares of AB International Low Volatility Equity ETF by 5,278.6% during the fourth quarter. Cornerstone Planning Group LLC now owns 42,921 shares of the company’s stock valued at $1,896,000 after buying an additional 42,123 shares during the last quarter. Flow Traders U.S. LLC purchased a new position in shares of AB International Low Volatility Equity ETF in the third quarter worth about $1,503,000. TIAA Trust National Association bought a new stake in shares of AB International Low Volatility Equity ETF in the 4th quarter valued at about $1,298,000. JPMorgan Chase & Co. bought a new stake in shares of AB International Low Volatility Equity ETF in the 3rd quarter valued at about $964,000. Finally, Bartlett & CO. Wealth Management LLC purchased a new stake in AB International Low Volatility Equity ETF during the 4th quarter valued at about $85,000.

AB International Low Volatility Equity ETF Stock Performance

Shares of AB International Low Volatility Equity ETF stock opened at $44.96 on Friday. AB International Low Volatility Equity ETF has a 52-week low of $40.40 and a 52-week high of $46.32. The company has a fifty day moving average of $44.88 and a 200-day moving average of $43.98. The stock has a market capitalization of $1.75 billion, a price-to-earnings ratio of 17.53 and a beta of 0.37.

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.