AB US Low Volatility Equity ETF (NYSEARCA:LOWV) Short Interest Down 52.3% in January

AB US Low Volatility Equity ETF (NYSEARCA:LOWV) saw a significant drop in short interest in January. As of January 15th, there was short interest totaling 3,078 shares, a drop of 52.3% from the December 31st total of 6,454 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 13,929 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 13,929 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Investors Weigh In On AB US Low Volatility Equity ETF

A number of hedge funds have recently bought and sold shares of LOWV. GFG Capital LLC grew its position in AB US Low Volatility Equity ETF by 0.8% in the fourth quarter. GFG Capital LLC now owns 39,670 shares of the company’s stock valued at $3,109,000 after acquiring an additional 331 shares during the period. Osaic Holdings Inc. grew its stake 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. lifted 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 during the last quarter. Intrepid Financial Planning Group LLC lifted its stake in shares of 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 buying an additional 3,117 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in AB US Low Volatility Equity ETF by 35.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 18,965 shares of the company’s stock valued at $1,491,000 after purchasing an additional 4,970 shares during the period.

AB US Low Volatility Equity ETF Price Performance

Shares of NYSEARCA LOWV traded down $0.39 during mid-day trading on Friday, hitting $78.76. The company had a trading volume of 8,908 shares, compared to its average volume of 15,580. The stock has a market cap of $181.15 million, a price-to-earnings ratio of 25.59 and a beta of 0.71. AB US Low Volatility Equity ETF has a 12 month low of $62.19 and a 12 month high of $80.12. The firm’s 50 day simple moving average is $78.70 and its two-hundred day simple moving average is $77.84.

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.