AB US Low Volatility Equity ETF (NYSEARCA:LOWV) Short Interest Update

AB US Low Volatility Equity ETF (NYSEARCA:LOWV) saw a large increase in short interest in February. As of February 27th, there was short interest totaling 3,066 shares, an increase of 182.1% from the February 12th total of 1,087 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 12,098 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 12,098 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s shares are sold short.

AB US Low Volatility Equity ETF Stock Performance

Shares of NYSEARCA LOWV traded down $0.27 during trading on Wednesday, hitting $76.98. 4,478 shares of the company were exchanged, compared to its average volume of 11,810. The company has a fifty day moving average price of $78.19 and a 200-day moving average price of $78.21. The firm has a market capitalization of $177.05 million, a PE ratio of 25.59 and a beta of 0.71. AB US Low Volatility Equity ETF has a 12-month low of $62.19 and a 12-month high of $80.12.

Institutional Trading of AB US Low Volatility Equity ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Royal Bank of Canada acquired a new position in AB US Low Volatility Equity ETF in the fourth quarter valued at approximately $41,000. Osaic Holdings Inc. lifted its stake in shares of AB US Low Volatility Equity ETF by 77.9% in the 2nd quarter. Osaic Holdings Inc. now owns 1,153 shares of the company’s stock valued at $87,000 after purchasing an additional 505 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of AB US Low Volatility Equity ETF by 100.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,800 shares of the company’s stock worth $135,000 after purchasing an additional 900 shares during the period. Heritage Wealth Advisors acquired a new stake in shares of AB US Low Volatility Equity ETF during the 4th quarter worth about $165,000. Finally, Rubicon Advisors GP purchased a new stake in AB US Low Volatility Equity ETF in the 4th quarter valued at about $331,000.

About AB US Low Volatility Equity ETF

The AB US Low Volatility Equity ETF (LOWV) is an exchange-traded fund that mostly invests in total market equity. The fund is a portfolio of large- and mid-cap US stocks, actively managed to pursue lower volatility than the broader market. The selection and weighting of holdings is based on the Issuers fundamental and quantitative research. LOWV was launched on Mar 22, 2023 and is managed by AllianceBernstein.