AB International Low Volatility Equity ETF (NYSEARCA:ILOW) Short Interest Update

AB International Low Volatility Equity ETF (NYSEARCA:ILOW) saw a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 61,411 shares, a growth of 76.8% from the April 15th total of 34,739 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 57,437 shares, the short-interest ratio is currently 1.1 days.

Institutional Investors Weigh In On AB International Low Volatility Equity ETF

Several large investors have recently made changes to their positions in ILOW. Huntington National Bank bought a new stake in shares of AB International Low Volatility Equity ETF in the 4th quarter valued at approximately $75,000. Bartlett & CO. Wealth Management LLC bought a new stake in AB International Low Volatility Equity ETF during the fourth quarter worth approximately $85,000. Next Capital Management LLC bought a new stake in AB International Low Volatility Equity ETF during the third quarter worth approximately $256,000. JPMorgan Chase & Co. bought a new stake in AB International Low Volatility Equity ETF during the third quarter worth approximately $964,000. Finally, TIAA Trust National Association bought a new stake in AB International Low Volatility Equity ETF during the fourth quarter worth approximately $1,298,000.

AB International Low Volatility Equity ETF Stock Performance

Shares of NYSEARCA ILOW opened at $44.53 on Wednesday. The stock has a market cap of $1.73 billion, a price-to-earnings ratio of 17.53 and a beta of 0.40. The business has a 50 day simple moving average of $43.80 and a 200 day simple moving average of $43.41. AB International Low Volatility Equity ETF has a 52 week low of $40.01 and a 52 week high of $46.32.

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.