AB US Large Cap Strategic Equities ETF (NYSEARCA:LRGC) Shares Shorted: Short Interest Down 95.0% in October

AB US Large Cap Strategic Equities ETF (NYSEARCA:LRGC) was the target of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 133 shares, a decrease of 95.0% from the September 30th total of 2,681 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 34,684 shares, the days-to-cover ratio is currently 0.0 days.

AB US Large Cap Strategic Equities ETF Price Performance

Shares of NYSEARCA LRGC traded up $0.41 during midday trading on Monday, hitting $86.08. The company’s stock had a trading volume of 14,203 shares, compared to its average volume of 59,711. AB US Large Cap Strategic Equities ETF has a 1 year low of $71.25 and a 1 year high of $88.18. The firm has a market capitalization of $1.36 billion, a price-to-earnings ratio of 25.96 and a beta of 0.99. The business’s fifty day simple moving average is $86.34 and its two-hundred day simple moving average is $81.90.

Institutional Trading of AB US Large Cap Strategic Equities ETF

A number of large investors have recently made changes to their positions in the company. Royal Bank of Canada purchased a new position in AB US Large Cap Strategic Equities ETF in the first quarter worth approximately $64,000. Avalon Trust Co acquired a new position in AB US Large Cap Strategic Equities ETF during the 1st quarter worth approximately $108,000. Valeo Financial Advisors LLC purchased a new stake in shares of AB US Large Cap Strategic Equities ETF in the 2nd quarter valued at approximately $206,000. Bank of America Corp DE increased its position in shares of AB US Large Cap Strategic Equities ETF by 3.0% in the 1st quarter. Bank of America Corp DE now owns 21,719 shares of the company’s stock valued at $1,596,000 after purchasing an additional 628 shares during the last quarter. Finally, Arkadios Wealth Advisors purchased a new stake in shares of AB US Large Cap Strategic Equities ETF in the 1st quarter valued at approximately $7,549,000.

About AB US Large Cap Strategic Equities ETF

The AB US Large Cap Strategic Equities ETF (LRGC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that invests in large-cap US companies. Its stock selection process combines fundamental and quantitative research to identify opportunities while managing risk. LRGC was launched on Sep 20, 2023 and is issued by AB Funds.