Short Interest in AB International Low Volatility Equity ETF (NYSEARCA:ILOW) Rises By 125.7%

by · The Markets Daily

AB International Low Volatility Equity ETF (NYSEARCA:ILOW – Get Free Report) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 46,787 shares, an increase of 125.7% from the July 30th total of 20,731 shares. Based on an average trading volume of 49,765 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.1% of the company’s stock are short sold.

Hedge Funds Weigh In On AB International Low Volatility Equity ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Huntington National Bank bought a new position in shares of AB International Low Volatility Equity ETF in the fourth quarter valued at approximately $75,000. Parvin Asset Management LLC purchased a new position in AB International Low Volatility Equity ETF in the second quarter worth $336,000. JPMorgan Chase & Co. bought a new position in AB International Low Volatility Equity ETF in the 3rd quarter valued at $964,000. TIAA Trust National Association purchased a new stake in shares of AB International Low Volatility Equity ETF during the 4th quarter valued at $1,298,000. Finally, Flow Traders U.S. LLC bought a new stake in shares of AB International Low Volatility Equity ETF during the 3rd quarter worth $1,503,000.

AB International Low Volatility Equity ETF Trading Down 0.2%

Shares of ILOW traded down $0.10 during trading hours on Friday, reaching $47.26. 52,673 shares of the stock traded hands, compared to its average volume of 81,316. AB International Low Volatility Equity ETF has a 52 week low of $40.74 and a 52 week high of $47.90. The company has a market cap of $1.87 billion, a price-to-earnings ratio of 17.53 and a beta of 0.36. The stock has a fifty day simple moving average of $46.23 and a 200 day simple moving average of $44.99.

About AB International Low Volatility Equity ETF

(Get Free Report)

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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