AB US Low Volatility Equity ETF (NYSEARCA:LOWV) Sees Large Growth in Short Interest

AB US Low Volatility Equity ETF (NYSEARCA:LOWV) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 6,200 shares, an increase of 1,966.7% from the September 30th total of 300 shares. Based on an average trading volume of 7,600 shares, the short-interest ratio is presently 0.8 days. Currently, 0.3% of the shares of the company are short sold. Currently, 0.3% of the shares of the company are short sold. Based on an average trading volume of 7,600 shares, the short-interest ratio is presently 0.8 days.

Institutional Investors Weigh In On AB US Low Volatility Equity ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Osaic Holdings Inc. raised its stake in AB US Low Volatility Equity ETF by 77.9% during the 2nd quarter. Osaic Holdings Inc. now owns 1,153 shares of the company’s stock worth $87,000 after acquiring an additional 505 shares during the period. Geneos Wealth Management Inc. raised its stake in AB US Low Volatility Equity ETF by 100.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,800 shares of the company’s stock worth $135,000 after acquiring an additional 900 shares during the period. Envestnet Asset Management Inc. raised its stake in AB US Low Volatility Equity ETF by 53.9% during the 1st quarter. Envestnet Asset Management Inc. now owns 8,481 shares of the company’s stock worth $592,000 after acquiring an additional 2,972 shares during the period. GFG Capital LLC bought a new stake in AB US Low Volatility Equity ETF during the 1st quarter worth approximately $2,693,000. Finally, Intrepid Financial Planning Group LLC bought a new stake in AB US Low Volatility Equity ETF during the 1st quarter worth approximately $7,120,000.

AB US Low Volatility Equity ETF Trading Up 0.1%

NYSEARCA LOWV opened at $79.79 on Wednesday. AB US Low Volatility Equity ETF has a 12 month low of $62.19 and a 12 month high of $80.12. The stock has a market cap of $159.58 million, a price-to-earnings ratio of 25.59 and a beta of 0.71. The company’s 50 day moving average is $77.93 and its two-hundred day moving average is $74.71.

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.