AB US Low Volatility Equity ETF (NYSEARCA:LOWV) Stock Short Interest Rises 195.1%

AB US Low Volatility Equity ETF (NYSEARCA:LOWV) saw a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 180 shares, a growth of 195.1% from the September 30th total of 61 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 4,650 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of AB US Low Volatility Equity ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Wagner Wealth Management LLC lifted its position in AB US Low Volatility Equity ETF by 5.2% during the first quarter. Wagner Wealth Management LLC now owns 161,690 shares of the company’s stock valued at $11,946,000 after buying an additional 7,960 shares in the last quarter. Arkadios Wealth Advisors purchased a new stake in AB US Low Volatility Equity ETF during the first quarter worth approximately $11,624,000. GFG Capital LLC grew its stake in AB US Low Volatility Equity ETF by 1.2% during the third quarter. GFG Capital LLC now owns 38,664 shares of the company’s stock worth $3,186,000 after buying an additional 466 shares during the period. Envestnet Asset Management Inc. grew its stake in AB US Low Volatility Equity ETF by 7.4% during the second quarter. Envestnet Asset Management Inc. now owns 46,886 shares of the company’s stock worth $3,733,000 after buying an additional 3,240 shares during the period. Finally, Rockefeller Capital Management L.P. acquired a new stake in shares of AB US Low Volatility Equity ETF in the fourth quarter worth $239,000.

AB US Low Volatility Equity ETF Price Performance

Shares of NYSEARCA:LOWV opened at $84.48 on Friday. The business has a 50-day moving average of $83.80 and a two-hundred day moving average of $80.32. The firm has a market capitalization of $202.75 million, a PE ratio of 25.59 and a beta of 0.72. AB US Low Volatility Equity ETF has a 12 month low of $71.99 and a 12 month high of $85.58.

AB US Low Volatility Equity ETF Company Profile

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.