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

AB US Low Volatility Equity ETF (NYSEARCA:LOWV) was the recipient of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 401 shares, a drop of 53.5% from the July 15th total of 862 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 3,411 shares, the short-interest ratio is presently 0.1 days.

AB US Low Volatility Equity ETF Stock Down 0.4%

Shares of AB US Low Volatility Equity ETF stock traded down $0.35 during trading on Friday, reaching $84.24. The company’s stock had a trading volume of 5,730 shares, compared to its average volume of 9,368. The business’s 50-day moving average price is $81.05 and its 200-day moving average price is $79.04. The firm has a market cap of $210.60 million, a PE ratio of 25.59 and a beta of 0.72. AB US Low Volatility Equity ETF has a 52 week low of $71.99 and a 52 week high of $84.85.

Institutional Trading of AB US Low Volatility Equity ETF

Several hedge funds and other institutional investors have recently bought and sold shares of LOWV. Royal Bank of Canada bought a new stake in AB US Low Volatility Equity ETF in the 4th quarter valued at about $41,000. Osaic Holdings Inc. raised its position in shares of AB US Low Volatility Equity ETF by 77.9% in 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 in the last quarter. Geneos Wealth Management Inc. raised its position in shares of AB US Low Volatility Equity ETF by 100.0% in the second quarter. Geneos Wealth Management Inc. now owns 1,800 shares of the company’s stock valued at $135,000 after buying an additional 900 shares in the last quarter. Heritage Wealth Advisors acquired a new stake in shares of AB US Low Volatility Equity ETF in the fourth quarter valued at approximately $165,000. Finally, Rockefeller Capital Management L.P. bought a new stake in shares of AB US Low Volatility Equity ETF in the fourth quarter valued at approximately $239,000.

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.