AB International Low Volatility Equity ETF (NYSEARCA:ILOW) Short Interest Down 82.3% in May

AB International Low Volatility Equity ETF (NYSEARCA:ILOW) was the recipient of a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 10,855 shares, a decline of 82.3% from the April 30th total of 61,411 shares. Based on an average daily volume of 53,992 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

AB International Low Volatility Equity ETF Trading Down 0.4%

Shares of ILOW stock opened at $45.13 on Thursday. AB International Low Volatility Equity ETF has a 12-month low of $40.01 and a 12-month high of $46.32. The stock’s 50-day moving average price is $44.04 and its 200-day moving average price is $43.54. The stock has a market capitalization of $1.76 billion, a price-to-earnings ratio of 17.53 and a beta of 0.40.

Institutional Trading of AB International Low Volatility Equity ETF

Several hedge funds have recently made changes to their positions in the business. Cornerstone Planning Group LLC increased its stake in 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 worth $1,896,000 after acquiring an additional 42,123 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in AB International Low Volatility Equity ETF during the third quarter worth approximately $1,503,000. TIAA Trust National Association bought a new stake in AB International Low Volatility Equity ETF during the fourth quarter worth approximately $1,298,000. JPMorgan Chase & Co. bought a new stake in AB International Low Volatility Equity ETF during the third quarter worth approximately $964,000. Finally, Next Capital Management LLC bought a new stake in AB International Low Volatility Equity ETF during the third quarter worth approximately $256,000.

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.