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

by · The Markets Daily

AB International Low Volatility Equity ETF (NYSEARCA:ILOW – Get Free Report) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 20,731 shares, an increase of 251.3% from the July 15th total of 5,901 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 44,836 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Huntington National Bank purchased a new position in shares of AB International Low Volatility Equity ETF in the fourth quarter worth $75,000. JPMorgan Chase & Co. purchased a new stake in shares of AB International Low Volatility Equity ETF during the third quarter valued at $964,000. TIAA Trust National Association purchased a new stake in shares of AB International Low Volatility Equity ETF during the fourth quarter valued at $1,298,000. Flow Traders U.S. LLC acquired a new position in shares of AB International Low Volatility Equity ETF in the 3rd quarter valued at $1,503,000. Finally, Cornerstone Planning Group LLC increased its position in shares of AB International Low Volatility Equity ETF by 5,278.6% in the 4th quarter. Cornerstone Planning Group LLC now owns 42,921 shares of the company’s stock valued at $1,896,000 after acquiring an additional 42,123 shares during the period.

AB International Low Volatility Equity ETF Trading Down 0.0%

Shares of ILOW stock traded down $0.01 during trading hours on Friday, reaching $47.42. 25,177 shares of the company’s stock were exchanged, compared to its average volume of 83,079. AB International Low Volatility Equity ETF has a 1 year low of $40.74 and a 1 year high of $47.90. The stock has a market cap of $1.88 billion, a PE ratio of 17.53 and a beta of 0.36. The stock’s fifty day moving average price is $45.83 and its two-hundred day moving average price is $44.78.

About AB International Low Volatility Equity ETF

(Get Free Report)

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.

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