Short Interest in AB Disruptors ETF (NYSEARCA:FWD) Decreases By 53.3%

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

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. StoneCrest Wealth Management Inc. acquired a new position in AB Disruptors ETF during the second quarter worth $4,201,000. Embree Financial Group raised its position in shares of AB Disruptors ETF by 48.9% in the second quarter. Embree Financial Group now owns 55,688 shares of the company’s stock valued at $4,996,000 after purchasing an additional 18,286 shares during the period. BOS Asset Management LLC lifted its stake in shares of AB Disruptors ETF by 6.8% during the 2nd quarter. BOS Asset Management LLC now owns 48,961 shares of the company’s stock worth $4,393,000 after buying an additional 3,117 shares during the last quarter. Worth Financial Advisory Group LLC lifted its stake in shares of AB Disruptors ETF by 49.7% during the 2nd quarter. Worth Financial Advisory Group LLC now owns 4,969 shares of the company’s stock worth $446,000 after buying an additional 1,649 shares during the last quarter. Finally, Wagner Wealth Management LLC bought a new stake in shares of AB Disruptors ETF during the 2nd quarter worth about $151,000.

AB Disruptors ETF Price Performance

FWD stock traded up $0.62 during midday trading on Friday, hitting $113.79. The company’s stock had a trading volume of 52,895 shares, compared to its average volume of 121,236. The company’s fifty day moving average price is $105.72 and its 200 day moving average price is $100.09. AB Disruptors ETF has a twelve month low of $59.03 and a twelve month high of $114.40. The stock has a market capitalization of $1.42 billion, a P/E ratio of 41.03 and a beta of 1.54.

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.