Short Interest in AB Disruptors ETF (NYSEARCA:FWD) Decreases By 68.1%

AB Disruptors ETF (NYSEARCA:FWD) saw a large drop in short interest in June. As of June 15th, there was short interest totaling 9,014 shares, a drop of 68.1% from the May 31st total of 28,284 shares. Based on an average daily trading volume, of 316,444 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

AB Disruptors ETF Trading Up 2.5%

AB Disruptors ETF stock traded up $3.49 during mid-day trading on Monday, hitting $144.28. The company had a trading volume of 235,754 shares, compared to its average volume of 215,012. AB Disruptors ETF has a 12 month low of $87.45 and a 12 month high of $149.57. The company has a market capitalization of $2.71 billion, a PE ratio of 41.03 and a beta of 1.57. The stock’s 50 day moving average price is $135.91 and its two-hundred day moving average price is $120.13.

Hedge Funds Weigh In On AB Disruptors ETF

A number of hedge funds have recently bought and sold shares of FWD. Alliancebernstein L.P. grew its position in AB Disruptors ETF by 34.1% during the 3rd quarter. Alliancebernstein L.P. now owns 7,577,104 shares of the company’s stock valued at $766,727,000 after purchasing an additional 1,928,170 shares during the last quarter. Bank of America Corp DE raised its holdings in 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 buying an additional 733,051 shares during the last quarter. LPL Financial LLC lifted its stake in shares of AB Disruptors ETF by 35.8% in the fourth quarter. LPL Financial LLC now owns 513,283 shares of the company’s stock worth $53,592,000 after buying an additional 135,289 shares in the last quarter. Integrated Wealth Concepts LLC lifted its stake in shares of AB Disruptors ETF by 31.9% in the fourth quarter. Integrated Wealth Concepts LLC now owns 352,922 shares of the company’s stock worth $36,849,000 after buying an additional 85,449 shares in the last quarter. Finally, Bleakley Financial Group LLC lifted its stake in shares of AB Disruptors ETF by 538.4% in the first quarter. Bleakley Financial Group LLC now owns 239,818 shares of the company’s stock worth $26,035,000 after buying an additional 202,255 shares in 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.