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

AB Disruptors ETF (NYSEARCA:FWD) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 269,972 shares, a growth of 1,828.8% from the August 31st total of 13,997 shares. Based on an average trading volume of 131,873 shares, the days-to-cover ratio is presently 2.0 days. Approximately 1.1% of the shares of the company are sold short.

AB Disruptors ETF Stock Up 0.2%

Shares of FWD stock traded up $0.33 during trading on Friday, reaching $132.59. 12,555 shares of the company’s stock were exchanged, compared to its average volume of 222,794. AB Disruptors ETF has a twelve month low of $95.53 and a twelve month high of $149.57. The firm’s fifty day moving average price is $129.21 and its 200-day moving average price is $129.11. The stock has a market capitalization of $3.34 billion, a PE ratio of 41.03 and a beta of 1.60.

Hedge Funds Weigh In On AB Disruptors ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. USAdvisors Wealth Management LLC increased its stake in shares of AB Disruptors ETF by 0.5% during the first quarter. USAdvisors Wealth Management LLC now owns 17,664 shares of the company’s stock worth $1,825,000 after purchasing an additional 81 shares during the period. Fifth Third Bancorp acquired a new stake in AB Disruptors ETF during the 1st quarter worth approximately $27,000. Wagner Wealth Management LLC boosted its stake in AB Disruptors ETF by 26.4% in the 1st 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. D.A. Davidson & CO. grew its holdings in AB Disruptors ETF by 6.1% in the 1st quarter. D.A. Davidson & CO. now owns 7,554 shares of the company’s stock valued at $820,000 after buying an additional 437 shares in the last quarter. Finally, Harbour Investments Inc. acquired a new stake in shares of AB Disruptors ETF during the fourth quarter worth $48,000.

AB Disruptors ETF Company Profile

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.