AB Disruptors ETF (NYSEARCA:FWD) Sees Significant Decline in Short Interest

AB Disruptors ETF (NYSEARCA:FWDGet Free Report) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 13,997 shares, a decline of 63.3% from the August 15th total of 38,107 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 167,158 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On AB Disruptors ETF

Several institutional investors have recently bought and sold shares of FWD. Fifth Third Bancorp purchased a new position in shares of AB Disruptors ETF in the 1st quarter valued at $27,000. Harbour Investments Inc. acquired a new stake in AB Disruptors ETF in the 4th quarter valued at $48,000. Triumph Capital Management acquired a new stake in AB Disruptors ETF in the 2nd quarter valued at $100,000. Wagner Wealth Management LLC raised its position in AB Disruptors ETF by 26.4% in the first quarter. Wagner Wealth Management LLC now owns 1,369 shares of the company’s stock valued at $149,000 after purchasing an additional 286 shares during the period. Finally, Baird Financial Group Inc. purchased a new position in AB Disruptors ETF in the second quarter valued at about $260,000.

AB Disruptors ETF Stock Performance

Shares of NYSEARCA:FWD traded down $2.30 during trading on Monday, reaching $125.26. 120,708 shares of the stock were exchanged, compared to its average volume of 225,213. AB Disruptors ETF has a 12-month low of $95.53 and a 12-month high of $149.57. The firm has a market cap of $2.94 billion, a price-to-earnings ratio of 41.03 and a beta of 1.60. The firm’s 50-day moving average price is $130.32 and its 200 day moving average price is $128.22.

AB Disruptors ETF Company Profile

(Get Free Report)

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.

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