AB International Low Volatility Equity ETF (NYSEARCA:ILOW) Sees Large Decline in Short Interest

AB International Low Volatility Equity ETF (NYSEARCA:ILOW) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 31,771 shares, a decrease of 32.1% from the August 15th total of 46,787 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 52,433 shares, the days-to-cover ratio is currently 0.6 days.

AB International Low Volatility Equity ETF Stock Performance

ILOW traded up $0.47 on Thursday, hitting $46.75. The company had a trading volume of 2,276 shares, compared to its average volume of 78,851. The stock has a fifty day moving average price of $46.67 and a 200-day moving average price of $45.18. AB International Low Volatility Equity ETF has a 12-month low of $40.74 and a 12-month high of $47.90. The stock has a market capitalization of $1.85 billion, a price-to-earnings ratio of 17.53 and a beta of 0.35.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in AB International Low Volatility Equity ETF stock. Huntington National Bank purchased a new position in shares of AB International Low Volatility Equity ETF (NYSEARCA:ILOW) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 1,766 shares of the company’s stock, valued at approximately $75,000.

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.