AB International Low Volatility Equity ETF (NYSEARCA:ILOW – Get Free Report) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 46,787 shares, a growth of 125.7% from the July 30th total of 20,731 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 49,765 shares, the days-to-cover ratio is currently 0.9 days.
Hedge Funds Weigh In On AB International Low Volatility Equity ETF
Several large investors have recently added to or reduced their stakes in ILOW. Huntington National Bank bought a new stake in AB International Low Volatility Equity ETF during the 4th quarter worth approximately $75,000. Parvin Asset Management LLC bought a new position in shares of AB International Low Volatility Equity ETF in the second quarter valued at approximately $336,000. JPMorgan Chase & Co. purchased a new position in shares of AB International Low Volatility Equity ETF during the third quarter valued at approximately $964,000. TIAA Trust National Association purchased a new position in shares of AB International Low Volatility Equity ETF during the fourth quarter valued at approximately $1,298,000. Finally, Flow Traders U.S. LLC bought a new stake in AB International Low Volatility Equity ETF during the third quarter worth $1,503,000.
AB International Low Volatility Equity ETF Stock Performance
Shares of AB International Low Volatility Equity ETF stock traded down $0.10 during trading hours on Friday, reaching $47.26. The company’s stock had a trading volume of 52,673 shares, compared to its average volume of 81,316. AB International Low Volatility Equity ETF has a one year low of $40.74 and a one year high of $47.90. The company has a market capitalization of $1.87 billion, a P/E ratio of 17.53 and a beta of 0.36. The stock’s fifty day simple moving average is $46.23 and its two-hundred day simple moving average is $44.99.
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.
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