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

AB US Low Volatility Equity ETF (NYSEARCA:LOWV) saw a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 3,004 shares, a decrease of 36.6% from the November 30th total of 4,736 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 9,489 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 9,489 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Trading of AB US Low Volatility Equity ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in LOWV. Osaic Holdings Inc. boosted 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 purchasing an additional 505 shares during the last quarter. GFG Capital LLC boosted its stake in AB US Low Volatility Equity ETF by 2.2% in the third quarter. GFG Capital LLC now owns 39,339 shares of the company’s stock valued at $3,093,000 after acquiring an additional 861 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in 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 acquiring an additional 900 shares during the last quarter. Intrepid Financial Planning Group LLC grew its holdings in AB US Low Volatility Equity ETF by 3.0% during the 3rd quarter. Intrepid Financial Planning Group LLC now owns 108,434 shares of the company’s stock worth $8,525,000 after acquiring an additional 3,117 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in shares of AB US Low Volatility Equity ETF by 35.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 18,965 shares of the company’s stock valued at $1,491,000 after acquiring an additional 4,970 shares during the last quarter.

AB US Low Volatility Equity ETF Price Performance

LOWV stock opened at $79.14 on Friday. The stock has a market capitalization of $166.19 million, a PE ratio of 25.59 and a beta of 0.71. The company has a 50 day moving average price of $78.50 and a 200 day moving average price of $77.08. AB US Low Volatility Equity ETF has a fifty-two week low of $62.19 and a fifty-two week high of $80.12.

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.