AB Disruptors ETF (NYSEARCA:FWD) Sees Large Growth in Short Interest

AB Disruptors ETF (NYSEARCA:FWD) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 29,815 shares, an increase of 146.0% from the June 30th total of 12,121 shares. Based on an average daily volume of 326,782 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Embree Financial Group grew its stake in AB Disruptors ETF by 44.7% in the 4th quarter. Embree Financial Group now owns 93,035 shares of the company’s stock valued at $9,714,000 after buying an additional 28,738 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of AB Disruptors ETF during the 4th quarter worth about $1,180,000. PMG Wealth Management Inc. acquired a new stake in AB Disruptors ETF in the 1st quarter valued at approximately $6,565,000. KPP Advisory Services LLC lifted its holdings in shares of AB Disruptors ETF by 183.3% during the fourth quarter. KPP Advisory Services LLC now owns 48,785 shares of the company’s stock worth $5,094,000 after buying an additional 31,566 shares during the last quarter. Finally, Kingsview Wealth Management LLC boosted its position in shares of AB Disruptors ETF by 15.6% in the fourth quarter. Kingsview Wealth Management LLC now owns 30,280 shares of the company’s stock valued at $3,162,000 after acquiring an additional 4,088 shares during the period.

AB Disruptors ETF Stock Performance

Shares of NYSEARCA FWD traded down $3.90 during mid-day trading on Wednesday, reaching $118.35. The company had a trading volume of 525,873 shares, compared to its average volume of 228,245. The stock has a fifty day moving average of $138.12 and a two-hundred day moving average of $124.50. The company has a market capitalization of $2.77 billion, a price-to-earnings ratio of 41.03 and a beta of 1.55. AB Disruptors ETF has a 12-month low of $88.82 and a 12-month high of $149.57.

About AB Disruptors ETF

The AB Disruptors ETF (FWD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio of high growth stocks of companies considered to lead or benefit from societal innovations. Holdings may be of any capitalization, sector, industry, and geography. FWD was launched on Mar 22, 2023 and is managed by AllianceBernstein.