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

AB International Low Volatility Equity ETF (NYSEARCA:ILOW) saw a significant decline in short interest in 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. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 53,992 shares, the short-interest ratio is presently 0.2 days.

AB International Low Volatility Equity ETF Stock Performance

NYSEARCA ILOW opened at $45.13 on Thursday. The company has a market capitalization of $1.76 billion, a PE ratio of 17.53 and a beta of 0.40. The business’s fifty day moving average is $44.04 and its 200 day moving average is $43.54. AB International Low Volatility Equity ETF has a fifty-two week low of $40.01 and a fifty-two week high of $46.32.

Hedge Funds Weigh In On AB International Low Volatility Equity ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. TIAA Trust National Association purchased a new position in AB International Low Volatility Equity ETF during the fourth quarter valued at $1,298,000. Huntington National Bank purchased a new position in AB International Low Volatility Equity ETF during the fourth quarter valued at $75,000. Cornerstone Planning Group LLC raised 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 valued at $1,896,000 after acquiring an additional 42,123 shares during the period. Bartlett & CO. Wealth Management LLC bought a new stake in AB International Low Volatility Equity ETF during the fourth quarter valued at about $85,000. Finally, JPMorgan Chase & Co. bought a new stake in AB International Low Volatility Equity ETF during the third quarter valued at about $964,000.

About AB International Low Volatility Equity ETF

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.