AB US Low Volatility Equity ETF (NYSEARCA:LOWV) Short Interest Up 74.7% in June

AB US Low Volatility Equity ETF (NYSEARCA:LOWV) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 924 shares, an increase of 74.7% from the May 31st total of 529 shares. Based on an average daily volume of 9,692 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

AB US Low Volatility Equity ETF Stock Performance

NYSEARCA LOWV opened at $79.75 on Thursday. The company’s 50-day moving average price is $79.82 and its 200-day moving average price is $78.26. The stock has a market cap of $199.38 million, a PE ratio of 25.59 and a beta of 0.73. AB US Low Volatility Equity ETF has a 12 month low of $71.99 and a 12 month high of $81.27.

Institutional Investors Weigh In On AB US Low Volatility Equity ETF

Several institutional investors have recently added to or reduced their stakes in LOWV. Alliancebernstein L.P. increased its holdings in shares of AB US Low Volatility Equity ETF by 27.3% during the second quarter. Alliancebernstein L.P. now owns 1,173,915 shares of the company’s stock valued at $88,175,000 after acquiring an additional 251,630 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of AB US Low Volatility Equity ETF by 100.0% during the second quarter. Geneos Wealth Management Inc. now owns 1,800 shares of the company’s stock worth $135,000 after buying an additional 900 shares during the period. Osaic Holdings Inc. grew its holdings in shares of AB US Low Volatility Equity ETF by 77.9% during the second quarter. Osaic Holdings Inc. now owns 1,153 shares of the company’s stock valued at $87,000 after buying an additional 505 shares during the last quarter. Intrepid Financial Planning Group LLC increased its holdings in shares of AB US Low Volatility Equity ETF by 3.0% in the third quarter. Intrepid Financial Planning Group LLC now owns 108,434 shares of the company’s stock valued at $8,525,000 after purchasing an additional 3,117 shares during the period. Finally, GFG Capital LLC raised its position in AB US Low Volatility Equity ETF by 0.8% during the 4th quarter. GFG Capital LLC now owns 39,670 shares of the company’s stock worth $3,109,000 after buying an additional 331 shares during the last quarter.

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.