AB US Low Volatility Equity ETF (NYSEARCA:LOWV) Short Interest Up 114.8% in December

AB US Low Volatility Equity ETF (NYSEARCA:LOWV) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 6,454 shares, an increase of 114.8% from the December 15th total of 3,004 shares. Based on an average daily volume of 12,377 shares, the short-interest ratio is presently 0.5 days. Approximately 0.3% of the shares of the company are short sold. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 12,377 shares, the short-interest ratio is presently 0.5 days.

AB US Low Volatility Equity ETF Stock Performance

Shares of NYSEARCA LOWV traded up $0.15 during trading on Friday, reaching $78.84. The company had a trading volume of 6,764 shares, compared to its average volume of 13,233. The business’s 50 day moving average price is $78.54 and its 200-day moving average price is $77.59. AB US Low Volatility Equity ETF has a 52 week low of $62.19 and a 52 week high of $80.12. The stock has a market cap of $181.33 million, a PE ratio of 25.59 and a beta of 0.71.

Institutional Investors Weigh In On AB US Low Volatility Equity ETF

Large investors have recently made changes to their positions in the stock. Osaic Holdings Inc. increased 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 acquiring an additional 505 shares in the last quarter. Geneos Wealth Management Inc. grew its position in AB US Low Volatility Equity ETF by 100.0% in 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 in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of AB US Low Volatility Equity ETF by 65.0% in the second quarter. Envestnet Asset Management Inc. now owns 13,995 shares of the company’s stock valued at $1,051,000 after acquiring an additional 5,514 shares in the last quarter. GFG Capital LLC increased its position in shares of AB US Low Volatility Equity ETF by 2.2% during the 3rd quarter. GFG Capital LLC now owns 39,339 shares of the company’s stock valued at $3,093,000 after purchasing an additional 861 shares during the last quarter. Finally, Intrepid Financial Planning Group LLC increased its holdings in AB US Low Volatility Equity ETF by 3.2% during the second quarter. Intrepid Financial Planning Group LLC now owns 105,317 shares of the company’s stock worth $7,911,000 after buying an additional 3,242 shares during the last quarter.

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.