AB Disruptors ETF (NYSEARCA:FWD) Short Interest Update

AB Disruptors ETF (NYSEARCA:FWD) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 29,815 shares, an increase of 146.0% from the June 30th total of 12,121 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 326,782 shares, the days-to-cover ratio is presently 0.1 days.

AB Disruptors ETF Stock Down 3.2%

FWD opened at $118.35 on Thursday. The company has a market cap of $2.78 billion, a price-to-earnings ratio of 41.03 and a beta of 1.55. AB Disruptors ETF has a 52-week low of $88.82 and a 52-week high of $149.57. The firm’s fifty day simple moving average is $137.82 and its two-hundred day simple moving average is $124.56.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of FWD. Cozad Asset Management Inc. purchased a new stake in AB Disruptors ETF during the 1st quarter worth approximately $337,000. Glenmede Trust Co. NA purchased a new position in shares of AB Disruptors ETF in the first quarter valued at approximately $790,000. Mascagni Wealth Management Inc. purchased a new position in shares of AB Disruptors ETF in the first quarter valued at approximately $204,000. Bank of America Corp DE boosted its stake in shares of AB Disruptors ETF by 265.7% in the first quarter. Bank of America Corp DE now owns 1,008,993 shares of the company’s stock worth $109,536,000 after acquiring an additional 733,051 shares during the last quarter. Finally, Quantinno Capital Management LP boosted its stake in shares of AB Disruptors ETF by 96.8% in the first quarter. Quantinno Capital Management LP now owns 6,025 shares of the company’s stock worth $654,000 after acquiring an additional 2,963 shares during the last quarter.

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.