AB Disruptors ETF (NYSEARCA:FWD) Short Interest Update

AB Disruptors ETF (NYSEARCA:FWD) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 12,986 shares, a decrease of 53.3% from the December 15th total of 27,788 shares. Based on an average daily volume of 76,675 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 76,675 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Security National Bank bought a new stake in AB Disruptors ETF during the 3rd quarter worth $42,000. Wagner Wealth Management LLC bought a new position in AB Disruptors ETF in the second quarter valued at about $151,000. CWM LLC boosted its stake in shares of AB Disruptors ETF by 6.8% during the second quarter. CWM LLC now owns 2,807 shares of the company’s stock valued at $252,000 after purchasing an additional 179 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of AB Disruptors ETF by 100.0% during the second quarter. Geneos Wealth Management Inc. now owns 3,000 shares of the company’s stock worth $269,000 after purchasing an additional 1,500 shares during the last quarter. Finally, Envestnet Asset Management Inc. acquired a new position in shares of AB Disruptors ETF in the second quarter valued at approximately $374,000.

AB Disruptors ETF Trading Down 0.7%

AB Disruptors ETF stock traded down $0.75 during trading hours on Wednesday, reaching $112.06. 117,995 shares of the stock were exchanged, compared to its average volume of 131,144. AB Disruptors ETF has a twelve month low of $59.03 and a twelve month high of $113.16. The company has a market cap of $1.40 billion, a P/E ratio of 41.03 and a beta of 1.54. The stock has a 50 day moving average of $105.39 and a two-hundred day moving average of $99.83.

About AB Disruptors ETF

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.