AB US High Dividend ETF (NYSEARCA:HIDV) Stock Short Interest Climbs 92.2%

AB US High Dividend ETF (NYSEARCA:HIDV) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 98 shares, a growth of 92.2% from the September 30th total of 51 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 11,091 shares, the short-interest ratio is presently 0.0 days.

AB US High Dividend ETF Stock Down 1.3%

Shares of NYSEARCA:HIDV opened at $89.55 on Friday. AB US High Dividend ETF has a 12-month low of $75.31 and a 12-month high of $93.53. The business has a 50 day moving average of $90.63 and a 200-day moving average of $86.72. The stock has a market cap of $205.97 million, a PE ratio of 17.91 and a beta of 0.96.

Institutional Trading of AB US High Dividend ETF

A hedge fund recently bought a new position in AB US High Dividend ETF stock. Arkadios Wealth Advisors acquired a new position in shares of AB US High Dividend ETF (NYSEARCA:HIDV) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 94,914 shares of the company’s stock, valued at approximately $7,372,000. Arkadios Wealth Advisors owned 4.52% of AB US High Dividend ETF at the end of the most recent reporting period.

AB US High Dividend ETF Company Profile

The AB US High Dividend ETF (HIDV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed fund of high dividend-paying companies. Selection is based on a proprietary systemic approach of large- and mid-cap US stocks. HIDV was launched on Mar 22, 2023 and is managed by AllianceBernstein.