Short Interest in AB US Low Volatility Equity ETF (NYSEARCA:LOWV) Expands By 781.4%

AB US Low Volatility Equity ETF (NYSEARCA:LOWV) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totaling 379 shares, a growth of 781.4% from the August 15th total of 43 shares. Based on an average daily volume of 14,495 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

AB US Low Volatility Equity ETF Stock Down 0.2%

LOWV traded down $0.15 during trading on Thursday, hitting $82.39. The company’s stock had a trading volume of 26,876 shares, compared to its average volume of 9,674. The firm’s 50 day moving average price is $82.72 and its two-hundred day moving average price is $79.81. AB US Low Volatility Equity ETF has a 12 month low of $71.99 and a 12 month high of $84.85. The stock has a market capitalization of $205.97 million, a price-to-earnings ratio of 25.59 and a beta of 0.72.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Royal Bank of Canada acquired a new position in shares of AB US Low Volatility Equity ETF during the fourth quarter worth approximately $41,000. Osaic Holdings Inc. lifted its position 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 valued at $87,000 after purchasing an additional 505 shares during the period. Geneos Wealth Management Inc. boosted its stake in shares of AB US Low Volatility Equity ETF by 100.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,800 shares of the company’s stock valued at $135,000 after purchasing an additional 900 shares during the last quarter. Heritage Wealth Advisors acquired a new stake in shares of AB US Low Volatility Equity ETF during the 4th quarter worth approximately $165,000. Finally, Rockefeller Capital Management L.P. acquired a new stake in shares of AB US Low Volatility Equity ETF during the 4th quarter worth 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.