AB International Low Volatility Equity ETF (NYSEARCA:ILOW) Short Interest Down 62.6% in June

AB International Low Volatility Equity ETF (NYSEARCA:ILOW) was the target of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 52,064 shares, a decrease of 62.6% from the June 15th total of 139,358 shares. Based on an average daily trading volume, of 44,432 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Trading of AB International Low Volatility Equity ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Cornerstone Planning Group LLC boosted its holdings 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 purchasing an additional 42,123 shares during the last quarter. Flow Traders U.S. LLC bought a new position in shares of AB International Low Volatility Equity ETF during the 3rd quarter worth approximately $1,503,000. TIAA Trust National Association purchased a new position in shares of AB International Low Volatility Equity ETF in the 4th quarter worth approximately $1,298,000. JPMorgan Chase & Co. purchased a new position in shares of AB International Low Volatility Equity ETF in the 3rd quarter worth approximately $964,000. Finally, Bartlett & CO. Wealth Management LLC bought a new position in shares of AB International Low Volatility Equity ETF in the fourth quarter valued at approximately $85,000.

AB International Low Volatility Equity ETF Stock Up 0.5%

NYSEARCA ILOW traded up $0.23 on Tuesday, reaching $45.60. The company had a trading volume of 24,409 shares, compared to its average volume of 89,112. The company’s fifty day moving average is $45.13 and its 200 day moving average is $44.26. AB International Low Volatility Equity ETF has a 52-week low of $40.40 and a 52-week high of $46.32. The stock has a market capitalization of $1.81 billion, a P/E ratio of 17.53 and a beta of 0.36.

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.