AB US Low Volatility Equity ETF (NYSEARCA:LOWV) Stock Short Interest Declines 83.5%

AB US Low Volatility Equity ETF (NYSEARCA:LOWV) was the target of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 61 shares, a decline of 83.5% from the September 15th total of 370 shares. Based on an average daily trading volume, of 5,860 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On AB US Low Volatility Equity ETF

A number of large investors have recently bought and sold shares of the business. GFG Capital LLC grew its holdings in AB US Low Volatility Equity ETF by 0.5% during the 2nd quarter. GFG Capital LLC now owns 38,198 shares of the company’s stock worth $3,041,000 after acquiring an additional 179 shares during the period. Rockefeller Capital Management L.P. acquired a new stake in AB US Low Volatility Equity ETF during the 4th quarter worth approximately $239,000. Envestnet Asset Management Inc. lifted its position in AB US Low Volatility Equity ETF by 7.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 46,886 shares of the company’s stock valued at $3,733,000 after acquiring an additional 3,240 shares in the last quarter. Rubicon Advisors GP acquired a new position in shares of AB US Low Volatility Equity ETF during the fourth quarter worth about $331,000. Finally, Wagner Wealth Management LLC grew its position in AB US Low Volatility Equity ETF by 5.2% in the first quarter. Wagner Wealth Management LLC now owns 161,690 shares of the company’s stock valued at $11,946,000 after purchasing an additional 7,960 shares in the last quarter.

AB US Low Volatility Equity ETF Trading Up 0.8%

LOWV traded up $0.68 during midday trading on Friday, reaching $84.75. The company’s stock had a trading volume of 7,490 shares, compared to its average volume of 9,255. AB US Low Volatility Equity ETF has a twelve month low of $71.99 and a twelve month high of $84.85. The stock has a market cap of $203.40 million, a P/E ratio of 25.59 and a beta of 0.72. The company has a fifty day simple moving average of $83.51 and a 200 day simple moving average of $80.69.

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.