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

AB Disruptors ETF (NYSEARCA:FWDGet Free Report) was the recipient of a large decline in short interest in April. As of April 30th, there was short interest totaling 40,293 shares, a decline of 78.3% from the April 15th total of 185,660 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 167,386 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On AB Disruptors ETF

Institutional investors have recently added to or reduced their stakes in the stock. Fifth Third Bancorp acquired a new stake in 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. Kestra Advisory Services LLC acquired a new stake in AB Disruptors ETF in the 4th quarter valued at $110,000. Private Trust Co. NA grew its stake in AB Disruptors ETF by 19,500.0% in the 4th quarter. Private Trust Co. NA now owns 1,176 shares of the company’s stock valued at $123,000 after acquiring an additional 1,170 shares during the period. Finally, Royal Bank of Canada acquired a new stake in AB Disruptors ETF in the 4th quarter valued at $128,000.

AB Disruptors ETF Stock Performance

AB Disruptors ETF stock traded up $2.52 during trading on Wednesday, reaching $136.51. The company had a trading volume of 143,487 shares, compared to its average volume of 205,798. The firm’s 50-day simple moving average is $118.18 and its 200 day simple moving average is $112.18. AB Disruptors ETF has a 1-year low of $79.24 and a 1-year high of $136.89. The firm has a market capitalization of $2.57 billion, a PE ratio of 41.03 and a beta of 1.56.

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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